Will be in Hon & Kaui from end of Aug to Mid of Sept, hint, hint, LOL!!!

A - Immediately B - 7 years C - Trick question...you're ahead by $5,820 after the 1st year D - Trick Question...your're ahead by $7,200 after the 1st yearI'll give you a hint.  

. :) Have you tried sending mailers to your tenants with helpful hints like keeping all their food in the refrigerator, have you made sure there are no water leaks anywhere?

Hint: the “balance” on the amortization schedule should match the UPB purchased (excluding late fees, and any other funds owed outside the actual note) AND be the line item with the correct number of payments remaining.Using that line on the amortization schedule, complete the deposit in QB with the following entry:Recognize the reduction in the asset (the account/class/whatever QB calls it noted in the purchase noted previously) by the principal amount shown on the amortization schedule,recognize the interest income using the same line on the amortization schedule to a new and separate account “123 Anywhere St Interest income”,the remaining is “gain on payment receipt” of the note and should be recorded in a new and separate account “123 Anywhere St Gain on monthly pmt rec’d”The bookkeeping entry isDebit cashCredit the other accounts noted above.If debits and credits don’t equal, an error in the entry must be resolved. 

I've heard them mentioned several times in the forum, but I really have no idea how to use them....This could be a very lengthy and complicated answer, but I will try to boil it down to the following summary of 3 creative acquisition techniques:[list=1]Subject-To - Buyer gets the deed, all rights to the property and any outstanding leins on the propertyLand Contract (also called Contract for Deed or Installment Contract) - Seller keeps the deed and any leins on the property; Buyer gets all rights to the property that aren't negated in the Land Contract (hint: get a lawyer and/or a good educational program) and makes payments to the Seller.Lease/Option - Seller keeps the deed and most of the rights in the property AND the obligation to sell the property only to the Buyer as long as the Buyer's lease is in good standing and the Option period is still active; Buyer gets the right to occupy and enjoy the property AND the right but not the obligation to purchase the property at the agreed upon price.

You should get a "donor" badge here on BP (HINT) ...

What is their full list of revenue streams (hint: there should be anywhere from 7-10 each month)?

I used the smiley face at the end of my post and therefore, everything I said should be taken lightly with a hint of laughter.

HINT:  BP is a great place to network, meet other investors, lenders, partners, etc.

Of course, this all goes back to the question of is the next step a $500 decision for a $50,000 decision.Here's a hint, if for any reason you don't know the pricing, you should pass.