I can tolerate the 1 day a year where I break out income/expenses for each property on a spreadsheet to send to my CPA for tax purposes, but I'd like/need a way to make better projections and understand my position.

s comment - you said your house is in Denton County - then you will need to file in the JP court for that district in Denton County, not Collin county.I have done the process once - it went pretty smoothly, got the tenant out same day as the court proceeding, renovated the ample damage they had done and had a new tenant in a week later.Good luck!

Just the other day a client we spoke to over 4 yrs ago came back to us..... my wife is doing there short sale now.  

Notice, demolition, conversion or repairs50. (1) A landlord may give notice of termination of a tenancy if the landlord requires possession of the rental unit in order to, (a) demolish it;(b) convert it to use for a purpose other than residential premises; or(c) do repairs or renovations to it that are so extensive that they require a building permit and vacant possession of the rental unit.2006, c. 17, s. 50 (1).Same(2) The date for termination specified in the notice shall be at least 120 days after the notice is given and shall be the day a period of the tenancy ends or, where the tenancy is for a fixed term, the end of the term. 2006, c. 17, s. 50 (2).Same(3) A notice under clause (1) (c) shall inform the tenant that if he or she wishes to exercise the right of first refusal under section 53 to occupy the premises after the repairs or renovations, he or she must give the landlord notice of that fact in accordance with subsection 53 (2) before vacating the rental unit. 2006, c. 17, s. 50 (3).According to the above, if you can make a case that the planned renovations are extensive enough (i.e. main water and sewer to the building, replacement of HVAC, rewiring, etc) some, or all, units cannot be occupied during the renovations, you should be able to request the building be delivered to you vacant and let the current owner go through the exercise of terminating the current leases.Note the two additions from 2006:1) You need to give 120 days notice ... another reason to make the current owner handle this.  

Secondly, I try to read at least a blog per day, as well as listen to one podcast per week.

You'll have to delete the post within a day as you'll get so many responses. 

So the lender, Secured Bankers Mortgage Corporation, really existed in SoCal back in the day. As

However, we only spend an average $46 per month/ unit .We only have this low amount as I said earlier my posts we fix our units to the nines meaning less overall maintenance both day-to-day as well as deferred.

I suspect this store is taking in revenue (the money coming into the till) more like $4000 or more a day. A

It was very difficult.Then one day a friend that I admired said something interesting.