Unlikely they will pay, and likely they will move.Your insurance may cover it if there's significant damage.Being broke and having rentals is a dangerous combination.

Buffett combines wit and wisdom in a very engaging way.

Now its gone.I know each user is different in his work and use of this forum, so its bloody difficult for you to combine all wishes here.

The closest to the views of our founding fathers to be exact; as compared against modern liberalism and modern conservatism.

O has spent more money in his first 100 days than all the other Presidents combined.

So are the banks starting to adjust or are people combining non-traditional and traditional financing for their Projects???

The Chicago Metropolitan area (surround suburbs etc) actually has a larger population than the city itself when combined.

Combine high gas prices and much tighter money, and I would expect demand for those big, expensive cars to see more of a hit than smaller, cheaper cars.

I would agree with the above comments that this looks like an interesting opportunity, but not a great deal at any price over $100k for both combined.

If you don't have access to a realtor that will give you free comps (if you're going to sell the house, offer to sell through them), then go with a combination of the Zillow, Trulia, County Tax assessments, and then go down 5% to be extra cautious.ARV is not really "calculated," it's more 'researched' best on surrounding sales.Excited to see the before/after pics of your rental!