Boy was he right.

Here is a list of what I am wanting thus far in a boat- a nice teak interior that doesn't need sanded or varnished- enough sleeping space for 6, and there are plenty of boats for that- cockpit area that offers plenty of seating- a diesel engine that looks like it is in great shape- a good generator, hefty water maker, a washing machine, a water rinse at bow and stern, a place for diving gear, well I could go on- enough seating inside where everyone can eat without touching elbows too much- this will be a live in boat so it needs to be somewhat comfy- I really like the teak work on say the Hans Christian boats, here is a nice 52 for sale for $245,000.00 which is in my dream budget. 

Personal experience--we've seen neighbors and tenant's friends driving up and bringing their laundry to wash at the 'free' laundry we were supplying to the tenant!

Since the deposit was in a non interest account and assuming rent increases were applied annually probably a wash.

ALSO, the phone call I just now made to a seller (which led me to come here and seek some advice), before I even asked the seller what his asking price was, he asked “Are you a wholesaler?”...

These are professionals and they know the laws and also if a tenant has an accusation of theft you can completely wash your hands of it as an eviction company handled the set out(Not you and 4 of your friends). 

For example let's say you are in a C-D neighborhood and someone damages your fence or if your washing machine needs repair. 

That would be a pretty big goof if they ran water supply lines for the laundry but neglected to put in any drain for them (this is an essential part of emptying the washer when its done with each wash cycle).

Hog wash. keep what you have and start looking for more good cash flowing properties in stable communities.

I run a student housing program in Washington, D.C. that sees me receiving anywhere from 50% - 100% more than normal market rents.  I have contracts in place with large universities and colleges along with a track rec...