Also while I was looking for properties to buy I ran into a few people that said they were rich and did not care if I could pay cash. i will be calling them back and seeing if they are interested in earning 8% more on their money.

I'm concerned about the scum eventually choking the float switch.I think I'll leave it alone.RE: MSDS...Yeah - I ran it through the dishwasher at a service man's suggestion since I don't have a water softener and the city water is well water.

My guess is you want to have a relationship in place for the ongoing maintenance of the elevator systems and not have to call an elevator repair company that will have you over a barrel when you call out of the blue with a breakdown.

@David Fileger I have wholesaled a few properties throughout South, FL and alway's though when I ran into what I though was a steal in our market really never prepared me for what I saw in Gainesville.

I have a friend in Conway NH that rents out her townhouse ($125k purchase price) on AirBnB with crazy numbers (rents it about 140 days a year at $200 a night, and after property taxes ($2500, and HOA fees of $250/mo) has NOI of $20,000, a CAP rate of > 15%)THE MID TERM GOAL:Once I've purchased the two properties, and have some factual data on them, I plan on going to my network in China and getting investors in properties in the USA.

It is definitely slow and tedious living in an ongoing rehab.

For ongoing rent payments most are fine.

A bunch were from direct mail campaigns that I ran. 

I was able to get owner financing for 650k with no payments and no interest for 12 months then the payments would start at 5.5% or so.For 1 year, I ran the park for 100k!!

Shannon, yeah that is an average going rate for property management; first months rent, some do half-month's rent plus a 9-10% of your ongoing rent.