Looking at the numbers today (keep me honest), I believe you can still find deals with 5-6% yield (current rental state) and hope that it goes up.

To be honest, I would not use an attorney to draft a full op agreement between you two.

Account Closed Hi Rhonda, If honest I spent about $8,000, some say its a lot, (my parents did) some say its small when compared to many programs out there, either way I took a leap of faith and saw the potential it had for my future.  

As I mentioned above, I appreciate your honesty. 

No vitriol-- just honesty. 

I would like to know the prons and cons of paying off the mortgage faster to be honest i do hate the fact that my mortgage rate is high almost 7%.  

I wouldn't want someone to hold back, I prefer honesty and straight talk. 

Our life is complicated and I work a complicated stressful job, but if we’re being honest, I also don’t have time for renters, but I somehow make it work and I personally think it pays off.Mtg: 1800Rent: 2900Owe: 200Rate: 4.5 I thinkSell Price: est. 450-460No other rentals except an in law suite on our current primaryFuture goals: would love to use this properly to buy other properties to get out of the corporate rat race. 

The Importance of Honesty and Ethics in Private Money LendingAs a private money broker, I am in business to earn a living, but profit should never come at the expense of honesty and integrity.

To be honest, I wasn't sure if buying property in Chicago (Roger's Park) was the right "investment" given our city's problems, but I just love the city so much I just had to get the property when I could.