.$400/year to treat is a business move to get recurring revenue.  

Are you expecting this kind of a list to be a private list with very short-term use, or do you think you might need it for future reference (like tax purposes, recurring list or others)?  

Invest in Debt by Napier is a great book, and Performance Anxiety by Gordon Moss is another great book on 2nd liens. 

The most recent IMF proposals essentially took the tack of saying that the Euro will continue to have these same recurring debt issues unless the union is tightened substantially, to the point of transferring wealth in some form to the poorer countries (much like the US transfers wealth from rich states to poor states), or dissolves.

This forum helps reduce the anxiety that many first time investors have.

After a few days the anxiety fades away.

Also in attendance was my friends Bill Tan and Gordon Moss, author of NPN book, 'Performance Anxiety'. 

You'd also get a valuable education; and a potential recurring partner for future deals.

It happened in a prior year and I think of it as more of a one-time expense as opposed to a recurring expense.

youve identified the problem (management)....do you really believe that you would have (on top of 900 monthly) 2500 in repairs on a recurring basis??...