And we chew the fat while we are chewing on a nice Cab !!

What Bill was saying to avoid is flipping/asigning the Contract for a fat fee.

Basically, the common sense gene is missing. 

For all you know, she'll decide she wants another 18 days and another 18 days ad infinitum.So, just let her know you will not be extending the lease, and will be happy to accommodate her with an eviction on her record, and a nice fat judgment to go with it, if she wants to play nasty.You're going to be out money on this tenant no matter what, I'd bet.  

I need to cut the fat.  

A) It's not exactly what he said orB) It's BSThe big guys 25+ years are still all quite fat and happy with a ton of debt and units.I'm not doubting Dave at all, since about 80% of people mis-handle debt and a cash-only budget is what they need.However, if you understand the power of using OPM money (ie you borrow o$1 at x% and get a return on it >>x%) it is a major tool in growth.Now if you're 60 and unwinding, I understand. 

Lot of my friends did it and it killed their Saturdays for a while but they're fat now on that cashflow!

Originally posted by @Gene Liang:@Sean YanThere is no reason why an ADU doesn’t add value to the property.

Did you start with Gene Guarino's RAL Academy or did you take a different approach to your learning of this niche? 

Originally posted by @Gene Hacker: Do you live in California?