I've heard that some landlords don't accept the payment if it's not in full and continue to accrue daily charges. i.e. if the tenant pays rent and only half of last month's late fees, return it and make them resubmit payment in full, with each day adding a late charge to next month's bill.

Plus any municipality liens and penalties that the property accrued in the same period.

Out of curiosity, since you've been in the business 10 years, how old were you when you got your real estate license?

RENEWAL: Lessee agrees that his/her occupancy of said premises beyond the term of this lease shall not be deemed as a renewal of this lease for the whole term but that acceptance by the Lessor of rent accruing after the expiration of this lease shall be considered as a renewal of this lease for one month only and for successive periods of one month only.

General curiosities without purpose and direction are a time waste for a broker/agent. 

Since covid, I’m now accruing for 12 months reserve to be safe!

The policy loans unlike 401k or other qualified plans do not have specific terms to pay back so you pay back the accruing interest on your terms not the plan or the banks terms. - Tax free use and growth of the cash value and death benefit as long as the policy is managed and in force for the duration of your life till death - High contribution limits that can be customized to suit your cash reserve/accumulation strategy unlike IRA, 401k, SEP, etc which are max out early and are highly illiquid Main advantage I saw personally was ability to be in positive leverage not only inside the policy (interest credit> admin/cost of life insurance/cost of interest on a loan) but to be able to borrow from the policy and reinvest it else where and have the money in multiple places at one time and still maintaining all the benefits of life insurance policy and the other invested assets.

Hi Marcella,Out of curiosity, are you looking to invest in PA more so because you used to live there, or because it's a better place to invest?

Just a curiosity question.

Something that has raised my curiosity as well.