If an Tenant break a lease, are they still responsible to pay the rest of the months left in that lease.

They then used the rest of the lot to put in 12 RV spaces with hook ups, a on site boat ramp, and a small day dock.

I'm also assuming that the rest of your taxes are pretty simple--a W2 job, no complex holdings, etc. 

Well, familial status is a protected class and it would be very easy for an official to draw a connecting line between "don't like their kids" and "don't like kids".

Paul,   all of my experience is in Birmingham where I live so I cannot really tell you a lot about the rest of the country but we have some very solid C properties in Birmingham that can be rent ready for less than 50k and are in areas that in my opinion are poised to increase in value faster than the market as a whole. 

They invite professionals - officials (attorney general), to speak on topics relevant to the business.There are seasoned, experienced landlords that gladly give free advice and pointers.They have full time lobbyists to fight against the pervasive ‘tenants rights’ groups we continually have to battle.I attribute much of my success as a landlord to my involvement with a great association.

Especially if the rest of the neighborhood doesnt really have any.

Maybe 25% are cash purchases and rest are financed with some down.

@Steve Puglisiif you use your own IRA to purchase the property, you would not be able to leverage the rest of the house unless you had a non recourse loan, which is very hard to find.

BUTI’ve officially been a ‘landlord’ for about 18 months now and let me tell you, I was not(still really not) totally prepared.