If rent remains unpaid after 7 days I immediately start the eviction process.

I've had tenants remaining in place this way for many years...one is at almost 7 years right now....all month-to-month after a 1 year term.

Thanks Chris, the layout is rather irrelevant to the issues of title, easements, remaining lots available, value, regulatory controls, etc.

There may be some restrictions, however, this should be investigated;My answer would be to consult a tax accountant to get an answer specific to your circumstances.Additionally, I have been in the Computer Field for many years and moved several times for Jobs and if you have "Good Credit" and you remain in the same field then you will certainly be able to find a bank that will give you a home loan.

That's why I'm going to remain prudent with frugal spending habits! 

An article / opinion piece by Sherwood Neiss from Crowdfund Capital Advisors, tells more about this development: http://venturebeat.com/2014/05/08/new-bill-could-finally-fix-crowdfunding-if-the-sausage-stuffers-dont-get-to-it/Despite all the hoopla, I personally remain optimistic.

This house doesn't nearly satisfy the 50% rule.

My brother and I (he is also an investor) partnered one a house one time,,,it didn't take long for us to realize if we were to remain friendly the partnership had to go.....he bought me out and we never mention that house,,,,things go much smoother that wayandy

I just remain quiet and calm on the phone.

I'm not sure why PMI bothers you, I pay cash for everything but my understanding is that once you can get an appraisal showing 20% equity, you get the remaining PMI refunded to you.