:wink: Not with teeth like that.

I guess all the cheerleading in the press last tues/wed about the successful & oversubscribed bond issuances didn't work.

purch price $148,000 repairs $3,000down pay $29,600 closing costs $4,000 mortgage $118,400 Holding costs (PITI) $1,233 Totalmonthly mortgage paymt $727 assume 6.25% rate on $118kmonthly maintenance $50 insurance (monthly) $83 Utilities (avg monthly) $10 taxes per month $333 property mgmt fee $- termite bond $29 advertising fees $- HOA fees $- est'd taxes $4,000 taxes per month $333 opp'y cost -down paymt $92 [I assume a 3% non-compounded rate per month]ttl per month cost $1,324 rent > this amt to not lose $ $1,324 fair market rent in area $1,500 VACANCY CONSIDERATIONannual costs $15,892 # months rented11projected monthly rent $1,475 491.67 per person at 3 occupants amount income $16,225 profit (loss) $333 Total annual rent $16,225 Yield on cash outlays44.3%Yield on cash outlays + annual exp30.9%

From the lenders perspective.Commercial-Single Tenant--Investment grade-15 years remaining on the leases-NNN-Backed by a bond for the total lease amount-all day long?

Once I have made my first REI I will be working towards my state requires surety bond to do credit repair professionally in California. 

I would also confirm that they are licensed, insured and bonded that way you know whether or not to use them, and ask for 3 referrals that you can call.  

Ask to view the house, take picture of everything and post them on BP.If the plumbing drains, sewer and water piping are in bad condition and there is no water volume when someone wants to wash dishes, take a shower of flush the toilet and brush your teeth as the same time then replacing all your water piping, drains and sewer could cost $40,000.You need to know if the house has enough wall receptacles to handle a microwave and all the electronic gadgets people have today.

Does anyone here have a recommendation for a general contractor that is licensed, insured, and bonded in Kansas City, MO?

Some prefer AAA bonds, some prefer junk bonds.

As with most who catch the bug, my mind seems to be completely consumed with thoughts dealing with this common bond that brings us all together.I was thinking earlier about my first experiences with REI meetups.