I was looking at exploring the possibility of turn key out of state and this thread gives a new perspective to some of the notions I had about TurnKey operators and how to set good operating principles. 

Palmer observed;“While the “claim of right” doctrine, the receipt of deposits cases, and the agency, conduit and trust fund authorities all deal with different situations, they have as a common premise the notion that a payment cannot be income if the taxpayer does not have the power to control whether it will retain the payment.”Quoted from the Conclusion of - Tax Accounting; By John B.

I agreed with your notion that agents can be trash, but at what point do you stop blaming other agents for not helping you, the way YOU want to be helped, and look at yourself and ask, "How can i approach this differently and get a better result?"

@Angie Briggs I'd challenge the notion you can't invest locally.  

As a fellow @GrantCardone student, I will second the notion of focusing on increasing income rather than cutting expenses.I would also say that being frugal is better than being cheap.

I laughed at the notion that I would have the chance to prove why I should be able to jack up the rent on my tenants (much higher than market rate), simply because my costs were so high.

You have a perceived notion and think less of the white people in WV based on nothing other than the color of their skin and where they live.

Tenant did not respond till end of April by then I really rejected the notion of giving her the deposit back as she already had arrears close to $6000. 

It puts you in a stronger position.What bothers me is the notion that banks are less likely to take action against you if you carry a high balance especially relative to value.  

I think he filled for bankruptcy before the age of 30 because he was very heavily leveraged and the market turned on him.I agree with the notion of not borrowing for consumer debt, but leveraging, when it makes sense, for business and real estate purposes.