Look at it this way, they are kind of like an additional government that collects money from all the members and are supposed to perform a set of services for the common good of the members.

Vivek Khoche Not sure I need the education, I have a portfolio outside of California that's performing better (cash-flow) than any options here.

Are you suggesting that an indexed universal life with gain caps and surrender charges, mortality charges, and premium charges (usually adding up to over 2-3% annually) will out perform a well diversified portfolio?

I'm out of my depth here, but I read other places that banks will only count a percentage of your performing rental properties toward your income and only after they have seasoned for some period of time, eg. you have a rental that has average NOI of $6,000 a year, the bank will only apply a percentage, say 75%, so $4,500, to your income.

Performing, homestead owners of house.

I finally got the financing right and now it performs well. 5 years ago I refinanced and put in the 20% down payment that would normally be required.

If the property is performing as expected, the tenants are good and consistently paying rent, and you are not over leveraged, then it is basically doing what you bought it to do and I wouldn't sell.

We invest in non-performing notes in OH and IN.

However, if you have another property that has enough equity in it to perform a cash out refi on it then most lenders should accept that form of creativity as we will.

What happens if you need to perform some plumbing repairs?