I took the time to read some of those posts.I can clearly tell that those people will never get anywhere in life.

Seems most folks won't touch stuff unless they can clear 30-40% margin?

You should be able to spend that money free and clear with no worries.

Hope this helped clear things up.

A few calculations later, it was clear to see that appreciation was barely keeping up with inflation.

I will add that you always MUST have a contract with your contractors that clearly explains what will be done and all expectation on how it will be done and in what timeframe.

You can have it rescinded but it will still show up on a credit report.Judson,Lets make sure we are clear here.

The college culture is definately far different today that it was some years ago - especially with the classes being offered and the agenda that a lot of the professors have outside of teaching their class.Someday, probably soon, the warped attitudes and poor judgment instilled in our young people will crumble our way of life if we don't insist on bringing some grown-ups onto campus in order to give a more mature and informed view of the real world.But I thihk the other side to the issue is that if we send our kids to school without a clear idea of what the "real world" is like, then we haven't done our job as parents.

Cash flow from a clear and free property can be very exciting.

Something is not right with this property.If the property is paid free and clear, then there would likely just be property taxes due on it yearly.