The return was high that many retired doctors and professionals enjoyed the high interests received to live on. 

Assuming this property is not a dog house in a war zone you will need to shell out significant cash to buy it and you will receive the same rent  as a leveraged property.

Never received a 1099-S.

As I am experienced with QuickBooks, let me talk about it:Enter all transactions as you receive them and not when you pay them:- Enter all rent as invoices- Enter all expenses as bills- Enter loans, closing, etc.IT is also called Accrual Basis.

I went there around lunch and you , fields  are clogged , so I grab my little backhoe and go over and do some digging .

Shoot me a message and let’s grab some coffee!

Received a call from a direct mail letter, for a couple who lives in TN, owns a house in NJ that has been occupied by the same tenant for years.

I have one week ago and few days ago and I haven’t received a response.

We used a 25 year amortization schedule with 5 year terms and received attractive interest rates. 

I received a response the next day that they had already sent them a renewal offer of: 12 Months @ $1599 - which is no increase in rent18 Months @ $1599or Month to Month @ $1629.