He's been presented with an LOI from Mr 'X' that essentially has my client as the 'front' person and the owner of 100% of the shares of a new limited company.

It has an article about Chinese drywall and how that impacted a valuation by an appraiser and the property is set for foreclosure.

We bought our first property in Aug and rented it for Sept 1 and were able to count that as a year when getting a new loan because it was on our tax returns - so essentially we were landlords for 1 year and 4 months but they were fine with it.Note that if you take a loss on your tax return that money is taken out of your regular income and will hurt you when applying for a new loan

Availability of financing impacts residential and commercial markets.

I went to the $50 show for Ron's new ACTS program, which is essentially just helping homeowners do a long term L/O their upside down homes (and keeping the option money) the way I understand it.

The GLB Act does not give consumers the right to opt out when the financial institution shares other information with its affiliates.The GLB Act provides no opt-out right in several other situations: For example, an individual cannot opt out if:a financial institution shares information with outside companies that provide essential services like data processing or servicing accounts;the disclosure is legally required;a financial institution shares customer data with outside service providers that market the financial company's products or services.""

So net-net, lots of promise but also these topology concerns I haven't dealt with before.Can anyone point me to guidance like cost increases to bulid, pitfalls to watch out for, and due diligence steps to take, to asset the impact of the grounds on building the house?

But that means I have to hold on to her $ until that resolves.I am thinking two month's penalty in the standard lease.Would appreciate any thought on this, as well as other potential impact from a fully paid lease.Oh, is a fully paid lease shoves all income into the year she paid?

I could also see 10 years of degradation.The Smyrna/Marrietta area is going to be hugely impacted.

You need to check your local residential rental laws to see if you would be impacted similarly.Assuming you want the rental period to remain monthly If your tenant wanted to pay bi-weekly as opposed to semi-monthly, I would insist that each payment remain $1000.00 to ensure rent for the month is payed in-full by the first.At the end of the year, you could carry forward the extra 2K accumulated to the first month of the next year.If his pay is going into a bank account, I do not understand whey he can not simply schedule a recurring {semi}-monthly payment to you for his rent rather than have his employer implement another payroll deduction {it is possible you would not be an eligible recipient}.