A will could have stated the ownership was divided, but without a will, it should have gone 100% to the surviving spouse.

I will make whatever changes I need to make to survive the darktimes we are entering.

I pray our republic survives your turn at the helm of power.

If I were to purchase a property subject to existing financing, I am ultimately taking control of the title and the property while making loan payments that are still in the sellers name.

in general is there a rule of thumb when it comes to how much $ to set aside for each rental property. $ that would be used for repairs, to cover late rents, etc...?

I have a tenant who is now late 2 straight months...

They will provide signage (including THEIR phone number for service complaints) They will recommend a price to set, but ultimately it is usually up to you.

I'm about as retired as I could survive right now.

Here's an interesting story that I read today.http://www.bobparsons.com/My16Rules2006.htmlThe above (or following) article (or rules for survival) is included with the permission of Bob Parsons (http://www.bobparsons.com) and is Copyright © 2004-2006 by Bob Parsons.

One for surviving spouse in a survivors' trust, one for an exemption trust of the deceased up to exempt amount, and the balance to a survivor trust .

I think in this situation and in life, if you can survive the tough times, the good times seem all that much sweeter.