I enjoy living in this town, and I've told my friends and family (who strangely seem slightly fascinated with the notion that I am so stupid that I will go bankrupt and have to repent for evangelizing about the amazing opportunities to those who invest in real estate) that this house was a failed investment, but that failure means I'll break even and end up living cost-free for two years.That's one of the many things I love about real estate.

Currently I’m under the notion of gaining capital and paying off debt while putting more equity into our current residence.

I gather that the notion of cash-flowing property and appreciating property are mutually exclusive. 

Regards, Radames It's a very understandable notion that so many hold that, if one has a ton of money, then REI is easy.

My issue are the fees, I don't like the notion of paying them $800 when there is so much collateral offered.So my questions:Is this a normal looking start to establishing good credit with the LLC?

Forbis:in your opinion and it's gotten worse these days...The notion of providing a tenant with a place to live is unappreciated.

Thus far I'm of a similar notion as Maya and Dylan in that you want to make sure that your screening is on-point, and honestly make sure you have your process in place as far as having them on ONE lease, move-in/move-out checklist process, and frequent check-ins.

The notion of HUD countering an offer is new to me.

Sell me on the notion that you actually intend to move next door to a row home that is very similar to yours, and that this isn't mortgage fraud.

I opened this thread because the very notion of asking what to do with $300.00 so totally blew me away, I half expected it to be just a jazzy catch line and not a serious question.