i put a similar clause in my lease, but i really only have it to protect me in case a tenant has misused an appliance or something..i have one tenant for instance, who didn't want to turn the gas heat on, so they used the oven constantly to heat the apartment...no, i wouldn't replace that oven when it burnt out...however, if they're good tenants, it's prob. cheaper to say, "guys, i usually don't do this, but yall have been good to me, so i'm gonna take care of it."

Of course, while it saves an attorney fee, it's still a colossal waste of my time, plus the court fees.My best success in court comes when there's a co-signer (the parents of college students, for instance).

If the system is not working properly it will balance out for instance if poeple get screwed so do the banks who have to go to foreclosure, either people are going to smarten up or the banks will decide to enforce stricter controls as to not loose money.

For instance: here in my area north of Boston, spending 30-50k on an inground pool will not increase the value by the same amount.

For instance, I recently did a search and compared Zillow's estimate with my own comps that I pulled on the area.

One that costed $5000 by famous marketing guru Jay Abraham I had in my garage for about 3 years.

For instance, what is the best type of for profit/not for profit charter I can use that will serve the most benefits?

For instance, on my rental, I got a 30 year mortgage, and there is a prepayment penalty for the first 3 years.

Somewhat related to this discussion, I have heard instances of investors including a "discount" in their offer/purchase price if they purchase properties with 100% cash.If this is common practice, what kind of discount are we talking?

In one sad instance, I actually saw a builder move a manufactured home into the middle of a bunch of $350k homes; needless to say, after that, they weren’t worth anything like $350k.