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.

.- Tenants pay water/sewer/cable/phone/garbage/electricityReserves I Calculate:- 6% for vacancy. ($96 per month)- 6% for repairs. ($96 per month)Estimated property taxes: $1,462/yr.Estimated insurance: $1,482/yr.Lending Terms:25% down payment = $30,000.$90,000 @ 4% over 30 years = $429.67/mo.Each unit currently rented at $400/mo.

I had a girlfriend who was special needs (epileptic), she got her money on time every month, and had someone come in who cleaned and cooked every day, the house was always clean,(unlike any of my other renters), rent was always paid on time, no damage.

By the way, if there is no lease agreement, I'd get them set up on a month to month ASAP for other reasons.You obviously approved of the property condition (you bought it), so it does not appear that the dog is causing property damage.

Electric , gas, water would run $150 a month in this area and lawn care another $50 so even if I had an additional 300 monthly in cost I would come out ahead but would have case mangers to help manage the tenants.

In any case, 50 cows will be eating a lot of grass and drinking a lot of water.

She and I are like oil and water, we are just fine as long as we are not combined!

Bed bugs brought in, damage, etc.

Check to see if there is a water stain on the attic side of the ceiling before doing any repair work.