The numbers appear good.

As a matter of fact, my highest paying tenant was evicted from her last residence.My target is to get 7 favorable responses out of the following 8:-- Credit check-- Employment verification (or some type of income verification)-- Personal references-- Previous/current landlord reference-- Criminal background check-- General court proceedings-- Eviction history-- Ability to get utilities in their own nameNobody is perfect.

On the other hand, having a business entity (name, checking account, bus cards, etc) gives you more of a seasoned and professional appearance to others.

At 100k miles stuff just starts to happen.I literally did nothing I just watched it appear and grow.I have a question for you but I will PM you.

Court hearings are open to the public, so take your popcorn (kidding) and go see the show!

You could take them to court but if they can't pay you'll have to take a judgement.

But, assuming it's legal...You can always sue them in small claims court if they do try some kind of pressure situation at lease signing using the holding deposit.

Nc Mark,I have a friend that does data analysis for the prison system here in California.Recidivism rate is 80-90 % depending on who you ask.70k per inmate PLUS medical costs, (this information is a few years old) in a system where hepatitis.AIDS and TB are rampant.90 some percent of people in prison in California at least, are there for drug related crimes with the attendant drain on court systems, social services etc. tTe cost is staggering and has absolutely no effect on the use of drugs.The largest cash crop in California is green and smells like skunks but it is completely untaxed.

If the lender forecloses the deed of trust out of court, the lender has chosen one action and may not bring a lawsuit to recover a deficiency, which would be a second action.

No, under the 50% rule, the taxes and insurance appear in the 50% of the rent that goes towards expenses; the debt service is just PI (Principle and Interest) and NOT PITI.And your profit is what remains after the debt service, so typically you would allocate $100 per unit for profit (or cash flow), and then what remains is available to pay the loan.