Let me know if I can ever be of assistance.

These tools I have found here on BP, is eye opening,  I have never did any spread sheets ever.    

Ever since then, I became hungry and thirsty for real estate knowledge.

I haven't ever had to try to collect through collectors but sometimes its worth it... just depends, hope are that they have intentions on moving by March. if not you have to start by taken them to court anyways...   

The clock does not start till the notice is given which is why it should always be given immediately upon not receiving  payment IN FULL.The notice is the only "nudge" that a landlord should ever give a tenant.Tenants do occasional pay late and are short.

A six-months' supply is considered a balanced market by the Real Estate Center.The single-family home median price rose 3.8 percent to $218,000 — the highest ever for January.

I would still treat him like a normal tenant and have him sign a lease but the downside (god forbid) if I ever needed to evict him could turn out messy.Should I realistically consider this option?

Has anyone ever obtained a secured loan from a bank using a pool of Louisiana Tax Liens (Tax Sale Certificates) as collateral?

Stephen Murdock if you ever want to jump on a call and talk Minneapolis let me know!

In other words, I refuse to ever be blind to suggested negative about something I believe in.