A friend of mine rents rooms.

Oil Gas and mineral interests qualify as like kind for real estate.2.

It's basis is a natural mineral as opposed to a poly composite with some crazy synthetic molecule.

If all this is well, (no pun intended :0) ) a water filter coming in from the well to the house would be helpful to capture some of the iron or other minerals before they enter your house plumbing system.Hope it works out good!

Is he looking for mineral rights?

I can't stand it when people waste mine - really pisses me off!

This is mine:- Rent due on the 1st- Grace period until the 5th- After the 5th its $10 per day late feeOf the 6 tenants I have:- One pays on the 25th (of the prior month)- One pays on the 1st or 2nd- One pays on the 3rd or 4th- The other 3 pay on the 5thSometimes I have tenants pay late and pay the late fee.

Yes, if your definition of C+ is the same as mine. Really

I'm interested mostly in residential flipping/renting and a little bit of commercial/other (drilling acreage and mineral rights).Hoping to learn here and network with more experienced real estate investors; I'd love to help out with anything accounting/finance related in exchange for some advice on getting started.

Doesn't matter cash, property, cars, airplanes, mineral rights, stocks, coins, grandmothers antique shotgun, whatever.