You certainly wouldn’t just give them back $1,000, much less $1,000 and a tax bill. 

I don't love the idea of having prepayment fees and a mortgage on my free and clear property but if I do a combination of things I would be able to make an above garage apartment at house 3 for 15k-20k that rents out for $1100-$1300.

We use Turbotenant and used Apartments for years before that and a different one before that, that apartments bought out.

These are professionals with additional training and a stricter code of ethics.

The entire fiasco will create a media circus and a go-fund-me campaign for the poor couple damaged by this stupid law.

If the tenant has a reasonable explanation and a solid plan on how to recover we will work with them.You are asking the right question: how are you planning to pay double rent next month?

Some other banks will tell you 40% to manage your expectations but if you have a good credit and a the deal makes sense, the down payment shouldn't be above 30%.As to the managing of properties, if you can self-manage out-of-state in the US, there are no reasons as to why you couldn't do it internationally too and some investors do.

Happy holidays and a happy new year to you all!

Bank of America’s business credit cards seem better, but I’d need to hit their Preferred Rewards status to reduce fees, which might be challenging.Amex: I like Amex’s reputation and services, but their outgoing wire fees are higher, which is a downside given how many wires I send.My ideal solution would be a business account with minimal wire transfer fees (especially outgoing wires) and a solid business credit card option, preferably with no foreign transaction fees.What would you recommend for someone like me who does a lot of outgoing wires and occasional foreign transactions?

Nice breakdown and a great deal.