He strung us out for two years, at first evading our phone calls and then telling us story after story that didn't add up or make sense, finally claiming he was selling another piece of property and would give us proceeds out of that - never produced any purchase documents for the property - although was asked - and has now said another 'hostile" partner took all the money and he has nothing to pay us with.

Whatever software you use, should be able to produce a balance sheet and income statement.

@Elizabeth Wilson The short answer is no - all else being equal, the platform you use to produce the site doesn't matter.

The idea was to create diversification across many wells and reduce the risk of significant losses if a single deep well failed to produce oil.For this fund, G2 reportedly raised approximately $22 million from around 270 investors.

I was able to produce a ~$40K write-off, which translated to some nice tax savings.

If you do the rental you lose the $500,000 avoidance at the end of 5 years unless you’re military.I believe it’s worth it for a few reasons.A) High W2 income earner with no flexibility for tax deferralsB) Have a long term goal to own a few income producing properties in the Chad Carson small but mighty mindsetC) Plan to hold property for long term.

Your post discussed how much the properties may be wortth & how much cash may be required for deferred maintenance, but you do not mention how much net cash flow the properties produce. 

It is my belief that your best chance of producing a good return on the value add is to go big on things that add value.  

Base your purchase price solely on the market itself, not off the revenue numbers the home has produced previously.

Thank you, RTR, for providing excellent and valuable services from start to finish, making it easy for out-of-state investors to own income-producing rental properties.”Forget folks swimming naked when the tide gets pulled, the sharks now need to put on blast.