I don't think there is much to build on with low touch loans that are performing.  

Explanation 2 from the invoice doesn't mention anything about bad valves and unions: Explanation 3 after I asked for the actual bill because I misunderstood "union" to mean labor union"Not quite sure what you mean, this is a bill from my company who performs the service calls.

I WILL have an A+ tenant next time around.I do not use a property management company and perform the work or hire it out myself.  

If a deal can't get past your initial screening, why would you commit your valuable time and effort into performing a full analysis?

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.