We only have 3 years of experience in doing it this way but some of those early properties have turned over a few times and the cabinets are holding up beautifully.

it's obvious this tenant is using it now as a red herring to excuse early exit.

However, there are some things we look for as red flags on a bad borrower.Namely, judgements, tax liens, and or consecutive mortgage lates.

He brings the world’s most beautiful and luxurious vacation property, second homes and retirement destinations world wide within reach of the everyday investor and family through education, large volume purchasing power, a strong knowledgeable team and empowers average people to invest with confidence in international real estate.

You are not alone in your love for those beautiful old houses :)

So, I have decided to put a post up and share a permanent link for the spreadsheet.Here's a quick rundown of what it does.Calculates mortgage payment.Calculates down payment (assumed 25%, but can be adjusted)Calculates taxes, insurance, property management fees, misc. fees, etc.It also will take into account maintenance, estimated revenue increases, advertising, utilities, total cash outlays, etc.etc.At the bottom of the spreadsheet in red is your total net profit or loss.  

One thing I missed during the buying process was the fence did not accurately reflect the property boundaries and it turns out the neighbor owns some of the property enclosed within my fence (area in question in red, fence in green).

so perhaps a big red door, green grass with lot of yellow flowers/bushes.  

Second, when people want to book an event, the people who run the venue matter just as much as the beauty of the venue itself.  

Is this a red flag?