In Arizona, I am allowed legal power to draft real estate contracts and while learning this I was given that advice and it really makes things easier; So don't worry too much about the wording.

I've cleaned up HOAs as an outsider, changing the board to get rid of control freaks, give some people power and they think they own the place.

I'll never forget the time I had a tenant threatening to sue me for something and while I was in the unit he said to me, "I'm gonna sue your a$$, I know rental law" while holding up a criminal law textbook.

At least, for our first two properties I was told we were paying .5% above the usual rate since they were investment properties, but maybe that is not industry standard.For future loans they will look at the payments you have to make yearly (mortgage, taxes, insurance plus any other debt you have) so I still think putting more down now will help in the long run- lower payments mean more cash flow AND lower debt means more borrowing power later on.Kelly

That's the power of BP :))

Finish reading "Secrets of a Power Negotiator" which I've been working on for a while now.

H gave us no reason NOT too-he assured us that the carpets would be professional cleaned, toilet replaced, deck power washed,screens repaired and that we could paint to our liking, he even offered to pay for some of the paint.He as well said we could pay the security depo in payments, and no need to pay rent until we actually moved in after painting.We signed the lease still being led on that all this was the case and he even said "let me know how much paint you will need and I will get it for you or save your receipt if you buy it " as I signed the dotted line.SO We get a call that the home is ready and that all we have to pay is the depo up front(no longer a payment option) and we can pay rent once we get moved in.

As a general overview, Florida treats the powers of creditors liberally through the Olmstead doctrine, which held that a judgment creditor is entitled to all the rights of the LLC owner which he/she may freely assign.

Very powerful post @Rafael Norat , thanks for sharing.

Knowledge is only powerful if you apply it.