I also love real estate because it let's me be creative and use my head to make money, rather than just my (lack of) muscle!

Joking of course, but be sure who you mention BP to down here, it means British Petroleum to most is this neck of the woods...

Hi Tara,We are in the same neck of the woods.

Steve:Sorry I did not get to this last evening as I committed ... it slipped my mind.In our neck of the woods, we have a standard government lease (called Form 6) which, while it is not obligatory we use it, any lease you draw-up yourself cannot deviate or contradict the standard lease ... so most folks use it.The standard lease allows the landlord to attach their own Schedules to the lease ... most notably Schedule A - Additions to the Standard Lease ... this is where your "house rules" are to be found.In our Schedule A, we have a section on Alterations to Rental Property which contains the following clauses:1.The Tenant agrees to use only putty, tacks, pins or finish nails but not stickers or tape as picture hangers. 2.The tenant agrees not to make any additions, changes or alterations to the rental property without prior written permission of the Landlord.

But I like your idea of a full seller carryback, if it's possible..That would make it more worth it to me, so I get all the risk/reward.. instead of putting my neck out on the master lease for the monthly fee..

Others charge higher interest rates (200 basis points in my neck of the woods).

A: Professional courtesy.Q: What do you have when a lawyer is buried up to his neck in sand?

In my neck of the woods, there are brokers who will hold your license even though you are inactive.

Im looking into a 3- 1Family deal in Muscle Shoals, Alabama.

- if you want to own rental property in the area where you live, sometimes it's very difficult to hit the returns that some investors are achieving in their own neck of the woods.