If their health bankrupted them once already, I'm not sure I would be able to to evict someone who can't pay me due to potentially deteriorating health.

I prefer to to have one lease that everyone is on.

What I said is that the data you always refer to to prove the 50% rule, comes from apartment buildings as single family owners do not report their expense items or ratios to the public.

It also helped that this has been a big issue in this college town, to to the point that the papers ran stories explaining that it was the landlords' and sellers' responsibility to make tenants/buyers aware of the ordinance.

Do you know a website that I can go to to check code by State?

My Plan currently is to to take the Scott Trench approach somewhat from his Set For Life book.

Is there any benefit to keeping your properties reasonably levaraged (50-60% in my opinion) even if you can afford not to, to reduce your assets' risk against libility claims?

In MA you do NOT need a different license to to a commercial deal; it is likely the same in your state.2.

Issue a 1099 or pursue a deficiency.If you lived in the property and it was bought and sold after a certain they have to 1099 you.If you are talking about a second attached as well or a heloc then it is state specific.These banks put may to to get sellers to go along with it.You have to get everything in writing BEFORE closing so that you can legally pursue them afterwords if they start any junk.The problem is the deficiency debt has more than likely been sold off more than once already.You need a litigation real estate attorney to ramp up your efforts.How big was the deficiency by the way??

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