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Although adding more information to the brain....Thanks & Cheers - Kirk

thanks. im adding that in from here out.

Michael G, a good accountant is worth his weight in gold.

I am a friendly landlord in their eyes.Here is an added benefit for me that you, Jon, remined me of; collecting multiple payments during the month allows me to be alerted of a problem sooner.

There is a possibility of adding a room in the attic as well which would bring in a couple hundred bucks a month.The 50% rule (1700*12*.5)/.08= 127,000.

If they renew after a year, you do not pay them the interest it simply accrues and is added to what you own them.

Could be rather simple, like time on the job ad in time that is easily cured.

Start adding up all the extras in one’s lifestyle and subtract this and the car payments, rent, cigarettes, beer ... and you will find out you may have a difficult time collecting payments.I have learned ways around this problem.

Another Texan added to the bunch.