Maybe I should have used the down payment to try a real estate flip or invest it in an IRA/stock market (smart stocks though like Nike, Apple ect....).I guess I am lucky that I really searched hard for a property that would return this kind of gross rent compared to the purchase price/mortgage payment just to basically break even.

I have some killer smart kids :) !!!

It's a job, you're smart enough to make more money doing something else IMO.

SO it's very important not to just agree for the sake of getting someone to agree, because they will, you need balance in any HH Agreement and in the structure of the entire deal.This is really not a DIY matter, I know you're a very clever and smart guy, but to protect yourself to ensure you end up with what you want, especially if things blow up, you really need to see an attorney...what's 500 bucks in the scope of things (?)

Maybe demo would be best.I know it's not the answer to your question--- but it's smart to look at all the angles to figure out highest and best use.

We thought we were smart people, we knew how to do this!

Thank you Loren, I got it figured out with the help of an electrician friend.Thinking it through now, I'd just rather have some light detection device operate all of the hallway and exterior lights instead of having to reset the trippers every so often...Thank again!

They turn street smart at a very young age.Thumbs up to all you SUPER MOMS

If we take the RE agent that just specializes in selling RE or listing RE depending on their market if your smart willing to spend some marketing money ( like you would yellow letters and other marketing for wholesaling) are driven and are good.. you can make pretty good money..

Good luck and you were smart to ask for input on this.