Just think, you could take a shower and plug in your hair dryer and then if the breaker happens to flip you could reach over and flip it back on...not a good idea!

During the Viet Nam war, all those long hairs (like me early on) who marched in protest had their picture taken and many were identified and filed away in case their face popped up later, we didn't have computers then, we do today.

Agree with @Dawn Anastasi You should put the rent at Mkt-rate or even a hair below and then, if you run a decent operation, you should have several applications come in quickly and you wont be in this situation.

Too often, beginning accountants attempt to split hairs that don't need to be split.

After all, if I had double the number of properties (and double the number of tenants) because I continued leveraging, I think I would be pulling my hair-out or have to quit my full-time job since I didn't have a system/process/experience to handle that number of properties/tenants starting off.On the other hand if I was experienced and well-oiled like the other posters here, I'd probably leverage and pick up properties like no other.

the guy needs to shave, cut his hair and not wear a college pot smoker shirt.

These kind of "tough guy" landlord comments about having a hair trigger on filing eviction is not always in your best interest.

I wouldn't have a problem with this but new investors aren't me, don't mean to brag but they are saying the deal has to be underwritten prudently, that's an impossibility for a first time seller unless they get help.I mentioned no balloon until a third of the principal had been paid, ooops, looks like no balloon, then no balloon in the first 5 years, so I guess that's up in the air from the original version.I also see note investors are pulling thier hair out, as I mentioned here in the "What do you want Mr.

If the lender were to be treated as an unsecured creditor, absent affirmative documentation signed by PR, I think the lender could be outmaneuvered.

But I always gave the non-committal affirmative answer to her.She contacted me yesterday and told me about her mother and how she was being foreclosed on and asked for some help.