Because there are so many of them, they can afford to cut their rental prices to compete.   

That is the price you pay for investing in a market with high demand and limited supply, but those same dynamics cut both ways ... that which is difficult to buy is easy to sell or rent and will tend to go up in value over time if the fundamentals that created the high demand and limited supply are consistent (which they are in CA).

Ohio made the cut!!

Everyone wants to get into real estate and the sad truth is, most people aren't cut out for it.

But they'll ask you whether it was from a leak or not, and if so, they'll cut you a bigger break than if the freak bill is inexplicable.   

Track everything you are responsible for and review that regularly that will hopefully help you cut expenses and possibly increase your income.  

Also unavoidable.This will most likely cut your cash flow down a bit. 

So I believe I could cut a lot of cost out.

My question is this:  If I attempt to refinance out of the FHA loan, now that my PRINCIPAL has hit the 80/20 tipping point, does the lein from NSP count against the equity of the home, preventing me from closing on a conventional loan and cutting my payment nearly in half?

The guys came over at midnight with a handcart and cut the gas lines in order to steal the outside compressor for scrap!