@Paul SandhuI've heard of that strategy but my husband is averse to it... he's risk averse to a lot of stuff but it balances my Ready, Fire, Aim mentality.

Are you mentally prepared to deal with difficult tenant situations.

Slab isnt bad and has positives actually. i love inches when changing a window to a door , copper only gets stolen lol i will stick that in permanent mental bank .

If it will cause you too much distress to try to collect, then write it off financially and mentally.

If their need for an ESA develops during the term of their lease, be sure to get a letter from a licensed mental health professional - then check to ensure that licensee is valid for your state.

When you only have 1 property a nonpaying tenant who does significant damage added to the costs to evict can stress people beyond breaking if they aren't mentally and financially prepared to cope. 2.

Your mentality goes hand in hand from what I learned in the E-myth book"building a network and a team of professionals to help me (property managers, agents, lenders, mortgage brokers, insurance guys, etc.); and training/teaching them to basically do most of the work for me."

How much mental weight would it be if knew the a/c was soon to go out and with it another 8 month's profit's.

Get mentally and financially prepared if you buy this property.

Hi Michael,It appears my brother Ian O'Shea was already mentioned in this thread.He's of this 'young gun attorney' mentality mentioned by @Troy Gandee.