I'm a very handy person and can handle *** sorts of repairs and think I could manage taking on a few properties to start out.

However, the seller had some tax liens that took some time to sort out.

However, if the buyer they found for us works out, perhaps we will give them a bonus of sorts for finding them so quickly?

What sort of Tax benefits are we looking at as we are quickly moving up tax brackets and are looking for write-offs. 4.  

Do your sub-leasers sign any sort of sublease or anything?

The problem is in a multifamily unit the other renters can neither truly consent to second hand smoke exposure or avoid it entirely -- they're sort of captive in the situation.

Then I wonder what happens to the investor who lost 10 homes.. what happens to him and then he or she gets sued.this has all sorts of very serious repercussions short of just should I let a tenant slide one week because of the largest natural disaster to ever hit the US>> I think it boils down to investors with money and reserves probably will work with folks.. investors who are mortgaged to the hilt this could be something that really hurts them and they will have no choice but to be hard @$$ non caring landlords regardless of cirucumstances.. and then you just have the plane old greedy could give a crap landlords. sorry for your troubles you owe money..

Is applying sort of like a condensed version of a mortgage process (tax, income verification, etc?)

Lake Merrit is fun, they have all sorts of events there and you can find people from all over the world there on any given weekend.

Maybe not to the extent of expecting the place to get fully trashed, but I do keep reserves for that sort of thing.