I apologize if anyone felt attacked I was merely making an observation.

There's no point in having a contract with a tenant if you don't hold up your end and make timely and good faith efforts to enforce the terms.In our courts, the judges I've observed do not grant landlords late fees for previous months if no collection was attempted and documented.

(I'm sure he'd love to harvest some appreciation, but I have observed him in this financial relationship to be more about short-term thinking and instant relief from pressures than about any sort of investment mindset.)Fact: I am in the midst of selling two of my properties (with closings coming up this week and July 2)--and I am about to have a lot of liquidity until I reinvest.

First comes opinion, then we observe things to see if the things in our opinions are at all consistant.

Again-I am not advocating this approach-this is just my observation as to what is actually happening out there.

Really good observation and advice for others.

To Matt M;That was an observation not an alternative solution.Tim:California is the largest (Or at least used to be unless recently) the largest economy in the States so when the States in economic dire straits, it is amplified in California, by sheer size.

I know Buffet endorsed Obama (Although he somewhat cooled off recently) But where is the evidence of his connection the "Chicago politics" in the context of your observation of what is "Chicago politics"?

You could always appoint some other managing member into your LLC and give them signature authority on deeds, but I think that creates more problems than it solves.The bottom line is that an LLC gives you a thin veil of privacy and will keep casual observers from knowing who you are, but anyone with a little knowledge of the system will find out who you are.

Never too late to the party as long as the festivities are still going on. yeah I am happy to see you like my conceptsEssentially my formula is pretty simplepaints should be neutrals but tastefully unwhite.take a look at HGTV or your favorite tv drama and observe the paint on the walls.what color are theysubliminally when we watch shows about affluent people we connect their decor to successas far as fixtures are concerned endeavor to get the best put pay the least.look for flea markets  odd lot storeshome depot clearance or open box returns ebay, amazon always have deals on plumbing fixtures.lighting is another area where you can seperate yourself from the packsame idea here flea markets odd lots etc.even pawn shops and swap meetsthe idea here is to get more bang for your buck when people walk into  a rental in a B, or C neighborhoodthey do not expect much when you provide them with more you increase your amount of interested tenantstherefore giving you more people to assess and hopefully choosing the best of the bunch,flooring is another area but much harder to save moneybut my thoughts on flooring are put down wood or really good laminateso you dont have to clean carpetsand the floors  make the place look more upscale.if you can swing a stack washer dryer and stick it in a hall closetall the better,sure they lose some closet space but gaining a washer dryer is worth it and you cant miss what you never know was there. thats all I really have right now,it boils down to one rule " offer more without paying more".