I felt bad about pointing out the "market value" comment Ned made, especially after he voted for my post, I know what he meant and I know investors speak of it in such terms, I commented because of our OP "student's" understanding that such guru accounting is a key factor in the claims made by gurus teaching aspects of earning instant equity. :)

Aaron MontagueThank for commenting on my post.In addition, your comment about the bank.

Can't comment on that master lease but I am not sure why you would want it.

The common response is send a 3/5/7 day notice to quit and if nothing shows up file for eviction after you wait.Many say their situation is unique, their tenant is normally good for it, etc etc, but the comments almost always say "The check is in the mail is a LIE".Now for my fun situation.

The kids definitely do love it, and the tenants commented on it this evening, so I think it was worth the $30 "capital investment" for the lights and a little electricity for the "goodwill" you create and making it an enjoyable place to live..

Would you care to comment on best entity for Canadians investing in US?

They've made comments leading me to believe they have been upset with the current property management company and seems like they would fit the mold of a potentially motivated seller.

Not just because the enormous rents, but also the temperature, which is always much lower than in the East Bay.But, whenever I read an article in SFgate.com about the ellis act etc, there are people commenting that they own a house in SF and they'd rather keep it empty than take the risk of putting a tenant in.So, I'm always thinking, if I wanted to live in SF, I would approach them and offer for them a lien against one of my houses or some other guarantee, that will give them security that I'd move out when they want me to.

Thanks for the comments!

Great comments are being made by these seasoned guys.