Also, I noticed in your HVAC forum post you stated you pay for the electrical.

I think I would be irritated if a landlord called ahead every month reminding me of rent.

You're 95% ahead of 99% of the people at that class you attended.

I noticed in your spreadsheet that you didn't account for vacancies when calculating the cash flow/unit.

Once you've cleaned up enough that you are more comfortable with your cash flow situation go ahead and dive into your marketing.

A short while later my mother had to sit me down and explain "predatory lending" as I was apparently charging too steep of penalties to my brothers when they failed to repay their loans in a timely manner.My own son, though not yet three, participates appropriately in the real estate business ... his favourite activity is walking through potential properties and he often notices things we, "big people", miss {like the big hole in the floor under the kitchen counters ;) ... where apparently the kitty-cat lives}.At this point, I invest a portion in his name on all new properties, but as he gets older, the plan is to enable him to make those decisions himself.

Change the address for tax notices but keep taxes as they are, tenants are not responsible to pay taxes on the tax man's eyes.

That would be happy news.I just got a notice yesterday from BAC that my Vendee loan for a house I bought in 2011 would be transferred to Residential Credit Services Inc.

If you have a college degree from a state school and, for example, pass the 10 exams of the Casualty Actuarial Society (I know, I make it sound simple, lol) you're light years ahead of someone with the same degree from Ivy league.

Don't want to get ahead of myself though.