_Roosevelt Franklin Delano Roosevelt (January 30, 1882 – April 12, 1945), often referred to by his initials FDR, During the Great Depression of the 1930s, Roosevelt created the New Deal to provide relief for the unemployed, recovery of the economy, and reform of the economic and banking systems, through various agencies, such as the Works Project Administration (WPA), National Recovery Administration (NRA), and the Agricultural Adjustment Administration (AAA).[1] Although recovery of the economy was incomplete until World War II, several programs he initiated, such as the Federal Deposit Insurance Corporation (FDIC), Tennessee Valley Authority (TVA), and the United States Securities and Exchange Commission (SEC), continue to have instrumental roles in the nation's commerce.

Construction is the primary industry feeling the crunch here, although could get a boost from federal project money in 09.

He came, dug out the entire project, I did see there was dirt under the whole sidewalk.

My solution is investment in a development project with the developer where you become a partner.

It depends on whether I use a GC for the project or sub the project out directly to multiple contractors, but I always start with a Scope of Work document.

You can use class tracking to differentiate income and expenses for each project.

Any work done on the rented unit itself is 100 percent deductible.Larger projects, such as major improvements, fences, landscaping and other projects that add significantly to the property's value, are deductible at the same percentage as repairs and maintenance, but they are usually capitalized and depreciated over time.

I'd love to hear more about your projects in AZ sometime.

I determined I was wasting too much time evaluating projects for my agents, that I was making less than if I canned them all and just did my thing.

Given my background with small projects, I figure working a deal for something about 10 to 20 units would be a good step for me.Would love to hear any advice or questions from the BP community.