For the extra nice touch, I usually get a pint of extra stain/paint- this allows me to blend in moldings and strips for those oddly shaped kitchens that are a half inch short here, half in tall there...

We simply mastermind together quite often and stay in touch about the market place, best practices and other real estate and management opportunities.  

I would be careful at this stage of the cycle touching anything that's syndicated.

I would also definitely get in touch with their commanding officer in the military, as Jeff has stated, of course.

I'm going to connect with you so we keep in touch :)I appreciate the response.

If you have not run your own business beyond real estate before, I strongly recommend that you get in touch with SCORE (Service Corp of Retired Executives) at www.score.org.They are a free resource (part of SBA) that will help you to evaluate the financials of the company you're looking at buying, build a business plan and to understand what you're getting into. 

If you however are keeping this extra money on the side to fund future investments and don't plan to touch it a separate account would make sense. 

That makes me the enemy landlord who is always trying to get every bit of their overtime check, and then they want every little detail fixed and I get high turnover.Rather, I wait for $700 to hit and say, "Listen, rents have gone way up in the past x years and I haven't touched your's because you've always been a great tenant.

I'm actually considering a refi on all my notes under my personal name, this way other big ticket items such as my personal residence, stocks, etc. that are held under my name along with my wife's can't be touched in the unfortunate event something happens rental property related and someone comes after just me.

Thanks again for chiming in and feel free to stay in touch!