They will yank them open when not in proper position damaging locks and more.

It refers to the amount of loss/damage done to a plan participant's account by the trustees violations, in other words, the amount involved in the complaint filed by the employee.If your plan includes many employees, your "risk" of running afoul of ERISA may seem higher to you than mine seems to me.

She owes $98,000 on her mortgage and her house is worth about the same, but she said it needs a new roof, new hot water tank, and new carpet.

Jon, a clause regarding water damaged tenant possessions (and removal of them and other abandoned posessions) is something on my list to add.

If the market is glass of water, your asset value is the water.

Who pays for water and is it sub metered, trash, sewer etc and how old are the junction boxes and how large of an home will each lot hold?

The advertised cash flow can be very difficult to monetize into your pocket due to all the tenant headaches, turnover, and property damage.

I while ago I read a post on BP about someone putting slanted drip pans under the sink so that if there is a leak water flows on the floor it is reported by a renter rather than pool and cause water damage especially in a second floor unit.

At some point, oil and water will mix.Jeff

Options can be valued, but usually it's way too much brain damage for most investors to foolwith and on smaller properties 10% is the norm that will not create problems.