During all of this I must have been hooked up for about ten minutes and I was telling other co-workers that it was going to snap because it was not rated for the equipment which must have been about 30,ooo pounds.

Granted that opens a new set of potential problems.Though the pound is strong againt the dollar never under estimate the possibility that you will lose money.

Lower class tenants you're more likely to try to stretch its useful life which is often penny wise and pound foolish as you may attract a lesser tenant with worn carpet.Just a few random thoughts.all cash

Otherwise the ground is too frozen to pound a wooden stake into it!

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I hope to add 3-5 more this year and reach close to $25K.AND, I need to lose 50 pounds!

Just because it's family doesn't mean other things can't happen where the loan could be examined and disqualified as an arm's length transaction.The note isn't filed, in the note stating the payee, you could say Mary Jane Smith and Tom Smith (H&W, Tom Smith brother of Holder) and I don't know if same names are involved or not, it's not necessary and it could draw other unwanted attention.

I just somehow feel like getting a realtor license keeps me in the same boat.Anyway, I love your input on the subject as I pound my head on things to try and decide if getting a license is the thing for me.

Given your background and experience, you are obviously aware of that being penny-wise is often pound foolish ... so, I'm guessing you are playing the role of instigator here to ensure the other end of the spectrum is considered.

They can present financing issues when credits are allowed improperly as to what lenders allow.They are easily understood but often spin off types cause them not to be a true option or they may present unwanted consequences such as having to foreclose.A better alternative usually is buying Sub-to, wrapping a mortgage or using a note and deed of trust/mortgage.