She sent us a "Nice" 4-page letter certified mail on why she wont' pay this charge, and claims she'll take us to court if we make her.So ... what would you do?

Wouldn't new constuction, especially in this situation be a much better deal, especially since I wont have any repair costs for at least 10 years (warranty)...?

I am trying to play by their rules, but they wont let me in the game :)

Money can be a good thing between friends, but more often than not the stories you hear are the ones where it destroyed the friendship.

If I replace them, they will be on different keys unless I pay to have them re-keyed.She replaced the front door locks after her roommate died, and changed another 2 locks due to dog destroying the doorknobs.

Hopefully you wont have any type of incident that will leave you maintaing two properties out of pockect without rent but if the unlikely occurs and you'd still be able to handle it af few months, you are more than ready for you next purchase.Good Luck...

If you buy 1 house for every 10 offers then its the same as $500 per deal and wont trigger any license requirement.

It probably wont be @Joshua Dorkin .

Yes. post war,1961 ranch, with 1 car garage.The problem I am finding is, after I pay cash,if i want to free it up for other properties,the company i use to do lines of credits on my investment properties wont be 1st on non-owner occupied properties.Shawn, Do you have any ideas on how I can free that money up either with a HELOC or cash out refi?

I wont go into too much details on that side since you asked about investing.