(Post should be viewed as theoretical and does not necessarily reflect our true financial situationYes college education fund does count as parent’s asset when determining the financial aid but that would be a concern low earners.Looks like you are already a high earner and every other asset will actually put you above the threshold before college education fund makes you disqualified.Most likely your kid is going to get a subsidized financial aid where he will incur interest right away.

Also, there could be a concern if you ever have to evict a tenant because in some states a tenant could delay an eviction by depositing any amount of money in your account, and if they had your account number you may not be able to stop them from making that deposit. 

If your concerns are roaches and mice, you should consider having a pest control company on contract and raising their rent upon renewal to cover the cost.  

Personally, I would be concerned that a Heir without any ties to stepmom would "fall in line" with the deal even if they are located 

I know that the numbers aren't yet staggering, but is this trend of concern to you? 

My major concerns are cash flow and if my tenants will fork over $200+ per month for electric pre-replacement (i.e. high tenant turnover- I figured 30 days out of the year vacancy which I was told was ridiculously high here but, it makes me feel better).Has anyone had a similar experience to me and your analysis shake out okay in the long run? 

My major concerns are cash flow and if my tenants will fork over $200+ per month for electric pre-replacement (i.e. high tenant turnover- I figured 30 days out of the year vacancy which I was told was ridiculously high here but, it makes me feel better).Has anyone had a similar experience to me and your analysis shake out okay in the long run?

Often times, they actually take away from your settlement because they could not negotiate a large enough settlement from the insurance carrier, but you still owe them your fee.Give your insurance carrier and adjuster an opportunity to meet with you, explain the claims process, and address your concerns.  

While not shooting the idea down, he raised a number of possible concerns about future financing, such as possibly needing additional collateral or proof of other sources of income to justify repeated loans. 

Part of getting into REI is so that we can spend more of our time together rather than spending more than half our day at other jobs and commuting, getting to work together is a big part of why we want to take this on (and the potential that RE Investing has for financial freedom).My Concerns: I originally thought I would develop myself as a contractor and do most of the work myself at first, but when I consider the time constraints (holding a house way longer to do the work myself, and the quality of work suffering) I realize this isn't an optimal plan.