We keep the late fees (which covers the sometimes excessive extra time spent sending notices, knocking on doors, following up and chasing the money up to the point of initiating an eviction); evictions once turned over to the attorney are billed same as other vendors.

This could easily eat up your entire $7,500 downpayment plus any monthly excess.

They are not looking for a new best mate or buddy.The Law of Attraction implies that casual remarks that are not accurate, speculation plus other demonstrations of being a little too loose details sends a message.

Even in the absense of any details on your loan request, I suspect I know who your mortgage lady is using---just a couple of questions to see if my suspicions are correct:- Are your FICOs in excess of 620?

Expect that when you take a property out of service to refurbish it the cash flow will pull back yet the excess cash from the others keeps everything in balance.Similar to when you buy a property that needs work before you can get it fully rented.

In that case it was more from excess run-off causing the storm sewers spilling into river with pollution.The point is a city provided system is more consistent and once in place you rarely have to do much other than make sure your pipes stay clear from the house to the street.John Corey

I have bought, rehabbed, and sold 4 houses over the years (only loosing money on one of them).

I think this may be an alert because Ohio was running kind of loose.

If I was only using the RSS reader or widget to read without posting I would definitely loose the context over time.

I've ran into many that are broken, corroded to the point of needing to be replaced, but I'd say more often than not they are in useable shape.If they do need to be replaced you can break them off the main hub with a hammer, this will break the lead seal loose, removing just the flange collar leaving the 4" hub.