So any loop holes you know whould be great.

They also like to play golf, which is an advantage for me because it takes me 2 days to play 18 holes.

As it is, you're something like $150/month in the hole.

With a more optimistic 40% for expenses, you have some positive cash flow.At $900/month and with realistic expenses, you're $150 a month in the hole.

Amy has some good points there, my only problem is; I don't like to increase my (monetary) investment!

At which point they'd tell me about the holes in the sheetrock, dog pee on the carpet and the filthy oven.

Grand total of almost $30,000 in the hole.

So, before you let that money burn a hole in your pocket, and end in someone else's pockets, you should hang out on this (and other) REI sites and LEARN ALL YOU CAN.Take a hard look at your financial situation.

Sometimes we are the square peg you want to put in your round hole....interview several, ask their mgmt experience, if they are a landlord and when they last took a property management course."

They broke some windows (Pella, by the way) and punched a hole in the wall Iinside) But it has new roof, HVAC, gas hotwater heater, etch.