As long as you have a basic supportive economy in your town, there is always money to be made.

So after a year or more of reading, listening to tapes. setting up my team of accountants, mortgage brokers, building a reserve of cash and then stalling because of fear....I enter the game this week.

Our tests were supportive of that.  

Today an email to their support@landlord411.com bounced back.Thank you,Manu

The development team has a significant financial stake in the project and has experience in developing the type of project contemplated.

So much and so many different people's paychecks hinge on if they can prove comps.I have also heard it rationalized from appraisers that if someone is ready and willing to buy the house for that much and there are comps (in their opinion) to support it, then that is the true market value.

Our non profit organization provides preforeclosure sale, and preforeclosure short sale training & support to real estate agencies' brokers and brokers' agents.

As I mentioned, we're just a little over breakeven and we're already at the max rent the area will support.

There are court decisions that support this where the taxpayer refinanced, pulled cash out, and then immediately sold and complete a 1031 exchange.

I don't mean to imply that they do not support us.