Like with bonds, the building's value is a function of the return, which in this case is fixed by the lease. 

I would be interested to hear more about the process of unearthing deals or possible deals for individuals who are cutting their teeth in REI.  

I also noticed last night that the two heirs may be administrators, as i don't see any verbage in court records of executor, and I see they pulled a sig bond for $70,000.

I'm on our local school board and they are developing a bond proposal for new athletic facilities, classroom additions, etc.  

My situationHave a decent sized portfolio of stocks, bonds, etc and a main residence.  

I have electrical, plumbing, HVAC, pest control, chimney, etc coming in to do work, and I verified they are all licensed, bonded, and insured.

To me it just seems cleaner, easier and safer.If you're unsure of his ability a performance bond is available to guarantee the work gets done.

Just my opinion, but 20% for a no risk or money investment is extremely generous.By way of comparison, risk free investments like bonds and CD's have extremely low interest rates precisely because they are free of risk.

I like having a "middle man" because I am too nice :) I feel sorry for people when their dog dies or they get all of their teeth knocked out in a car wreck (true story) and can't pay on time.Also, on a more serious note, my property manager has processes in place to handle tenant screening, rent collection, maintenance calls, late payments, walk-thrus, etc.

If they're "selling the American dream" to people, but don't own a house, It would be like going to see a dentist with a mouth full of rotten teeth.