I nicely state, there's late fees associated with you late rent payment and I'll be sending you an invoice for this.So I send the Late Rent Invoice, basically $50 late fee on top of the $1450 rent due (making it a $1500 total). 

So I have 2 deals on the table that I'm trying to choose from.One deal is:Asking price: 915k21 Units total. 4 fourplexes, 1 triplexes, and a duplex.

*This post is not to be relied upon and does not constitute legal advice. 

Learning about something and actually taking the time to educate yourself are 2 totally different things. 

I totally agree with your assessment.

NJ does not allow deposits in excess of 1.5 mo, so like a pet deposit must be added to security and the total not exceed 1.5 months.

In general when cutting trees or roots never cut more than 1/3 of the total tree line at one time.

You can try to rely on appreciation. 

Interest applied to the original Loan amount, and not to the remaining balance.2 - 20 year term to payoff.3 - Payments would be made monthly for P & I.4 - Interest over 20 years @ 10%/year = $10k/year for each loan.5 - Principle payoff per year = $5k/yr/loan6 - TOTAL coverage needed = $15k/yr/loan or $30k/yr based on $200k in loans (both loans)This allows you to use the funds as many times as you want, but only have to pay for these funds once. 

He seems totally fine with the drive but I wonder how similar situations turned out for some of you?