You end up fine for those five years (assuming my restaurant doesn't go under) but if I leave when the lease is up you are now stuck with what is effectively a $500K property for which you paid $750K, and you'll be unlikely to get a tenant who is going to come in and pay above-market rent.

Some of the things you learn in college will help you effectively run your business.

My house, it has been down for 3 years with hard use and the rental is just one year, but no damage so far.If the room is an unusual shape, lay paper on the floor and cut a pattern.

Bathroom, I would make sure it's tile and not vinyl and have shower doors instead of shower curtains, this way you don't have to worry about water damage to your subfloor in the future.

Hand written letters and door knocking have proved to be the most effective.

So how do I get this million dollar deal under wraps, because I am really ready to be rich and I plan to have 5 million by the end of the year.The way you have presented it to your wife is going to have an effect on the way she feels about it.

If you send out enough effective mail youll get the leads you need...Just be glad youre getting the mail back so you can stop mailing them..Michael Quarles

Purely, due to the fact that the REO is now a liability. 90+ days plus should be a starting point.Private lenders, pre-foreclosures(use for identifying property, make reserve bid never know may get it, most auction properties go back to banks anyway) and auction liquidating brokerages(most effective when looking for multiple properties).Right now there's a huge inventory of REO's new one's hit the market everyday may be a venue worth for you to pursue

In most eviction processes, tenant leave a lot of mess/damages which can take up a lot of money and time.

She is in effect subsidizing her tenants.