(approximately 19.5 years fromclosing) My note would be collateralized by an all inclusive trust deed on the subjectproperty.

When you bring up “selling on terms” I think it’s very confusing to most people.So I keep it simple and I don’t use “lease with option” terminology and “subject to existing financing” and “wraparound mortgage all-inclusive trust deed”.The upfront agreement basically talks about what you are willing to do as a business person, and sets the stage for not coming back ever.

... inclusive of the heater, I presume?  

If nothing else I have found learning about the planning and zoning code to be valuable.Have you had any other experience with a Phase 1, 2 or 3 environment inspections?

The problem with most investors is that they are working with a limited skill set, but trying to survive in a dynamic environment.

I was thinking of making rent all inclusive with rent, utilities, cable, internet, cleaning services and household common area shopping( toilet paper, soap etc).

Give a sincere apology to your tenant.Consider your legal environment. 

I am a very conservative investor and I realize some people might think this is crazy in the low interest environment we are in but I try to stick to this principle to not get wiped out when rates rise or bubbles come back to reality.

In todays environment, we are buying with cash flow in mind.

That young family with their first child will want a safe, healthy, and child-friendly environment.