An asset (free and clear house) is a resource controlled by the enterprise (the homeowner) as a result of past events (the purchase of the house) from which future economic benefits (cash inflow from sale) are expected to flow to the enterprise.Let me ask you this, if you own a free and clear house and you are making a net worth statement for yourself, where would you list the free and clear house?

@Joshua Dorkin With that statement I'll definitely be looking forward to PC 55!

Right now your priority is enforcing your existing lease as it is written and jumping on this situation with her.It's great you've sent her something certified, but I would be calling and emailing her as well, letting her know of her violation.

Your response to me directly contradicts this statement from your "FAQ" Your strategy is dishonest and misleading.

Sorry for the long introductory e-mail, but I have a pressing concern.I'm located in the Bronx in New York.

I have numerous emails from the tenant telling me she will pay me or how she doesn't have the money.

Careful with the fmap.org link above, I signed up and got flooded with calls, txts, and emails from brokers within 2 minutes.

My partner says at this point we should run the comps, get an estimate, and email the seller an intent to buy, and see if he accepts.

You have a good goal statement work out the steps to achieve it.

Emailing back and forth and getting alot of snappy responses from people who dont seem to want to negotiate.