No one forced you to post any reply or push any "reply" button.

I did it by brute force and came up with 16.8% if the compounding is daily.But, while this is mathematically an annuity, its not what would commonly be called an annuity.

If your IRA runs out of money and can't afford to pay expenses, you may ultimately be forced to over contribute or distribute the asset and pay taxes.

My fear with 4 separate leases is if/when one person leaves, the others have no incentive to replace him and I couldn't really force them to live with a random stranger that I pick out.Any thoughts?

One "mortgage" was a portfolio loan that we acquired as we (my husband and I) joined forces with a partner.

So if you've paid down your mortgage entirely and maximized your cash flow, then maybe you wouldn't need a large cash reserve as your increased profits would be able to handle vacancies and repairs/maintenance.The cash reserve set aside should also be dependent on the condition of your property and the local economic forces in your market. 

They also force you into working in their molds and expect you to adapt to their software.

When you try to enter the market you are forced to sell or convert to condos because you can't find tenants- a low-competition area with untapped demand for rental property; tenants will knock down your door and you'll cash flow even if you overpay for the propertyWhich is more likely, and how do you tell?

.,  the third would probably be keeping up on the bigger cap ex items, like roofs, converting over to forced air from another heating source, or trimming a few large trees, etc. 

@Tyler Warne I would agree to let the tenant out of the lease, because you do not want to force that tenant into a situation they do not want to be in and they my very well just move anyway.