But...when I am not absolutely 100% positive about a deal I am not going to cross my fingers, pray and hope the deal pans out because the chances are it will not pan out and if it does then we are investing based on hope and not good business practices.Hold onto your money until a deal comes that is so sweet you can't let pass, but don't listen to advice from even your own broker when it comes to what is good to invest in because nobody on either side of the deal represents you and as far as brokers are concerned they only show you what is on the market and tell you every property is good for you as long as you are willing to purchase them.The profit from real estate investing is earned the day you close the property.

(fingers crossed)

Will cross my fingers and make sure I do everything to get a higher appraisal!

We are still getting bookings, so fingers crossed!

I'm sure I didn't think of everything, but I covered a good amount of ground.Some examples of the provisions (many of these have more detailed descriptions in the lease, this is just for illustration purposes):Windows must be kept shut when it's raining or snowing.All pipes must be dripped during freezing weather (tenant is liable for any burst or leaky pipes that are a result of not dripping the taps)Wood floors / granite countertops / and butcher block counters can only be cleaned with certain products that I list (and I list forbidden cleaning products that can lead to damage, such as vinegar for floors or granite).The dishwasher can only have dishwasher detergent (ie Cascade), and DO NOT USE dish soap.There will be a cleaning fee of $x if the premises is left unclean upon vacancy.Any property left on the premisesA list of things that are forbidden from being put down sinks and pipes, and a provision that if a plumber is called and the repair is due to anything other than defective plumbing, the tenant is responsible for the cost of repair. 

I would consider true passive income to be if you invested in a syndication, a REIT, a bond, etc and you were just cut a check one the first of every month without having to lift a finger.

So far it looks like good hardwood under neath so fingers crossed for tomorrow. 

I came across this post regarding Finger Lakers Funding, Inc. program.

So, if I'm hiring an unlicensed, uninsured handyman who chops his finger off and wants $100,000, then my umbrella would likely do nothing as far as I understand it. 

They got $200 per child, and some had 10 or 12 kids, still the alcoholism rate was huge, graduation rate was lowest of any in the state by far, and those going to college you could count on the fingers of one hand.