The better the deal the greater margin of safety.

It included the phrase: "the enjoyment of life and liberty, with the means of acquiring and possessing property... and pursuing and obtaining happiness and safety."

The tenant could claim they were living in a hazardous environment and were being kicked out because they complained about the danger.

It is a matter of making sure nothing is a hazard to the tenant or to the property itself if not carefully attended to by the tenant (they don't look for water leaks etc).

Unaware of any other health and hazard.15.

The reason being that money isn't really invested in the deal, I understand you want it in place for a safety net but that isn't a function of the cash invested.So the numbers I come up with are:Ask Price $64,600.00 Loan $51,680.00 Down20% $12,920.00 Closing6% $3,100.80 (I use 3% but I'll go with this for you) Touch Ups2% $1,292.00Property Type 3 Rent / Unit 483.00 (Based on reported annual gross) PI 285.38 (I used 5.25%)Expenses 50% 724.50 Total Expenses 1009.88 Monthly Gross $1,449.00 Annual Gross $17,388.00Monthly cash flow $439.12Annual cash flow $5269.45Recover Funds $18088 41.2MonthsCOC=29.1% There may be an error or two from as I copied it over from my "quick and dirty" spreadsheet, but all in all I think you get the picture that this is a pretty decent buy.

Michael's fire has me thinking about safety inspections.

I still believe you can do specs with great safety.

PubID=772Other housing safety brochures:http://publications.usa.gov/USAPubs.php?

My concern about pets is my own safety when accessing the property first, property damage second and liability third.