One of the most important attributes needed for any relationship with a real estate broker is a solid foundation of trust and diligence.

I honor what I quote from the FIRST phone call, and believe my strongest attribute, and the main reason to use me, is integrity!

Life is a team sport" is attributed to Michael Waltrio (soon to drive the #55 NAPA TOYOTA in 2007) in Chicken Soup for the NASCAR Soul and is featured on the blue Hendrick Motor Sport wrist band.

However, any gain attributable to depreciation is TAXABLE.I guess it depends on (1) the amount of gain, I live in TX and we pretty weak housing appreciation, (2) the hassle factor attributable to moving and (3) how much of a step down is it to go from your current (rich landlord) home to move into one of the slums that are your rentals, LOL.If the mortgages are nearly paid you're reaching the point where the cash flow gets really schweeeeeet!

I would attribute that to a lack of years of diligent effort and commitment.Whatever you decide to do, understand that to be successful you will have to give years of your life in diligently pursuing your goals with commitment and effort.

You need to find a comparable size house (bedrooms, baths, and square footage) with similar attributes and in the same area to be able to accurately determine its true value.Then you would need to determine an accurate estimate of repairs/updates needed to sell the property for that area.

To be successfull you need a spirit inside of you that will allow you to objectively view a situation, make a rational decision, have a good math, business, and negotiating backgrounds, and in my opinion the two biggest attributes that are needed are the ability to make a decision (it sounds easy but it iw harder than most can possibly believe).

My work does keep me out of town often, so this attributes to my slow start into the business, but while I am away, it gives me time to learn more about investing.I look forward to meeting other Investor's.Anthony Hill

I have a duplex that had water issues in the basement this past blizzard/melt/rain.The story goes:This is a new duplex for us, came pre-rented, and the tenants who have been there for years said that there was only a very minor issue in one corner of the basement that we attributed to bad downspout planning.

Many times folks try to make a NOO a 2nd home designation but when it is too close in geography, like on the same street and does not possess any significant attributes to make it believable, the home will be considered NOO for underwriting.