I stopped posting after everything started going downhill. 

The net profit or 50% for you of the net is still going to roll downhill to your 1040 as income.

In San Clemente there was a subdivision that had a lot of problems with soil and some of the houses began having cracks, slipping down hill, etc. and the HOA ended up having to buy back those properties.

Bought a 4 unit building in CT later that year, and then it went downhill from there.

The owner has owned the property for the past 37 years and has just let it go downhill.

Its all downhill after you have the property under contract.

Got that snowball rolling downhill...Nice work!

It's likely to be all downhill from here at least for the next year or so!

They're great, but I want to be able to change them quickly if service were to go downhill.

I've seen AC condensate pump lines that were operating properly, discharging onto the roof, get bent over and decked over, that continued to pump water into the ceiling void destroying three floors of apartments over a two year period before the cause was, literally, uncovered.Water runs downhill, and looks for the easiest path to do so.