Additionally, mineral rights transfer with the property.

Well, I remember there was a thread a couple of days ago, started by a UK investor, about a property management problem she had with her property in Detroit.I just happened to find out that a friend of mine (really, not me as I do not have any interest in investing in Detroit) got caught in a similar scam targeting at foreigners.My friend is a Japanese citizen like myself who bought a duplex through another Japanese agent working in the Detroit market.When he bought the property at $25,000, the duplex had two units occupied and rent paid for $450 each.The agent said that this property was located in a nice, strong rental area so it should be rented out quickly and claim a same or similar rent amount even if current tenants moved out.Well, soon after he purchased the property, one tenant stopped paying rent so he had to evict him.

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