Jimmy,Your model cam work fine if and only if appreciation happens.

You need to find out what protected groups there are in your jurisdication, in addition to the federal groups: race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents of legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability).

Where I am (Los Angeles, CA) CAM throws a lot of round tables in big conventions centers.

All of these COSTS, however, will get passed back to the tenants in the form of a CAM (Common Area Maintenance) charge that is typically calculated based on the square footage of each tenant's space, according to underlying terms of their lease, and charged, in addition to base rent, monthly.

Figure the value of the property, take the age and sex of the owner, and plug it into the web site to see what an equivalent annuity would pay.

I've read over 30 books and the best lessons learned cam first hand.Call me or email me if you like I love the business though I'm concentrating more on commercial deals these days I still do the residentials to pay monthly expenses.

So perusing things, I cam across this gem:Making Loans “Assumable”.

.* Cam Scanner- uses your phone to scan paperwork for email* NPR News/BCC- my two favorite news apps* Pandora- radio* Bank/Brokerage Apps

I do a credit check and only look for outstanding major utility bills, no eviction filings within the last 48 months, 10 year national criminal background check, no serious misdemeanors or felonies, 100 year for sex offenses.

You can deny any applicant S-8 or non S-8 for any reason, even bad breath, sloppy clothes etc, as long as you are not discriminating against any as a protected clss as defined by law, like race, religion, sex, age,etc.