Or are you merely saying that your own net worth creation will cross an inflection point once your bills are taken care of?

Are the option money and renter's credit merely deducted from the total price of the home, in paper format or is the money returned to apply as a down payment?

I'm not necessarily looking for an equation for success, but merely asking for thoughts on what different vehicles are out there so that I could then go and ask informed questions of the right professionals.Right now, the extent of my knowledge is my banking account, a Roth IRA, a few securities, and my Thrift Savings Plan.

As I mentioned, I was merely a homeowner renting the place out until very recently when I started investing and I changed how I looked at this property.I'll report back with some numbers (once I find out what they all mean!)

For example, if a couple living in a one bedroom apartment have a baby in the middle of their lease, the landlord probably cannot require the couple to move to a two-bedroom apartment because this may unfairly penalize them merely because they had a child.

Our operating costs are merely $330 monthly which includes (property taxes $100, insurance $65, management fee $100) which is only around 44% of the rent.

This is not a government rant...it's merely a middle aged man who has seen more than most and has been on both sides of the rich/poor equation.

I'm sure there are people out there who rent to friends and family and have had a fabulous time at it - and I know most of the world disagrees with me re debt ;))

If you are merely trying to round out and upgrade a portfolio like me, then you can wait until the right property comes along at the right price.

Insurance companies can recover their damages when they settle a claim on behalf of a policyholder (the landlord) for a loss caused by a party who failed to provide appropriate insurance.