Then the following Sunday morning we get a call from the same tenant that the pipes in that same bathroom but another area have busted & again water is flowing.

I think the way to handle this is to  divide the property by the portion you use for tax purposes similar to a personal property and the expenses accordingly. 

To sue is the only option, that gets expensive and takes months...Spoke with our attorney this morning and sent him everything.

The county is being divided into 3 sections for this purpose: E, NW, and SW.

High yield savings account, real estate debt fund or divide up the $100,000 between HYSA and index funds/stocks (with a higher percentage going towards HYSA if you want be more cautious). 

Good morning everyone!

More details:Mortgage (principal + interest): $2930/moProperty taxes: $15K/yearHome insurance: ~$1K/yrCost of home ownership/month: $4280/yr (not counting for any tax deductions related to the interest and property tax)If I account for $20K of interest and $10K of property taxes as an income deduction, then I can reduce the cost by ($30K x 35%) divided by 12 = $875 per month = $3400/mo cost of owning the houseRental income after 35% federal income tax + 9.3% state income tax = $2618/month (!!)

Good Morning David  thank you. 

You'll see just a greater divide between the one's at the top and the one's at the bottom.

That said, tomorrow morning we’re flying to Hawaii for a two week “true” vacation.