Jobs need to be created if we are going to stop the bleeding.

Any other jaded thoughts from the School of Hard Knocks are welcome, even if you consider that we have no business becoming landlords and we should rip off the band-aid of financial bleeding fast.

Jimmy, my main point was that the Mid-West is grossly overpopulated from an "economic necessity" and "desirability" perspective and will continue to bleed people for decades to come.

With their horrible occupancy, I'm not surprised they have been bleeding cash.

Also, when filling the tank and bleeding the air out of the system, the air bubbles will knock some more scale loose.

Also, I personally wouldn't use MDF wainscoting, as if there is any penetration, it will swell and be quite noticable, where pine (or other real wood) wouldn't be as noticable if there was damage.Jay

I can't afford to because I feel the bleeding immediately.

., when we finally evicted this tenant, the tenant in the back (as this was a duplex) moved out...we were now having to hold the property through rehab, which took way too long to finish (4 months)...yeah, it was that messed up...we learned a costly mistake...not periodically checking in on tenants...we should have...now we do...once a year...we started to "bleed", financially, we were also in the midst of a refi that fell through, and then my husband had a motorcycle accident, which then kept him out of work...we REALLY started to feel the pinch...that's when we started getting behind on our mortgage/s...and then it just got worse....our 2nd property all of a sudden got the attention of the city, and we were dragged into a hearing for a sub-standard on the property that we didn't even know existed during escrow (yes, again. we learned more about "due dilligence")...so, more money out of pocket, and another lost tenant.., now we were BLEEEEEDING...really borrowing from Peter to pay Paul...Well, if I go on, you'd think I were lying..In 2007 I had to now fight against our school district, because we have a special needs child, who was given an inappropriate education, for a year, and that cost money as well (to retain a atty.)...just too much...I ended up in the hospital, heart problems....of course, my husband took time off of work, more loss of income.

Paying in 75k on a house and only getting $4500 on return per year doesn't sound like that swell of an idea, nor does losing $75 a month!

It sounds more like you just need to stop the bleeding on this property.