i have not. were able to get more when the new tenants moved in. i try to lock them in for longer time as well. most are 2-3 yrs.

Brian PorterYou should seek legal counsel.In our area they have up to the age of 21 yrs to sue,& based on case history (up here) they sue everyone who owned the property during their residency.

That was this wks lesson (been in it 12 yrs)I haven't decided if will consider this deal, or walk away....I have enough headache in multiple commercial owners situation (shopping center).

Haha I've been in commercial construction for a little over 10 yrs, and I love it!!

Give the T-B 3 yrs to become mortgage-eligible and pay you off.

But, 5-10 yrs. down the line, there will be enough to pay some mtgs. off thx to my tenants.

Not sensitive to water like laminate floors.We pay a little more but we are expecting to get 10-15 yrs.

He's been there just over a year.Numbers are as follows:$925 monthly income$876 Property taxes$462 Insurance$600 maintenance$50 advertising yearly$150 Administrative yearlyFinance amount $ 65,0005.2 percent interest 30 yrs. $ 13,000 down$1625 Closing costWhat you think?

I love it.Jeremiah B.I have 3 conv. mortgages - If the banks want to lend for 30 yrs @ 3.5 to 4%...I say bring it on.I have used our HELOC on the other 2...which I plan on knocking down with the monthly cash flow.

It's on the high end of what they generally like to pay, and bearing in mind that they generally like props < 20 yrs in age.