I use a spreadsheet with 5 different columns and some have higher than expected expenses/vacancy, or reduce the rents by 10-15% to make sure I can handle less than ideal scenarios while still making a healthy return.

The only way to deduct life insurance premiums, add to that the tax deferred earnings and a possible return of dividends makes it a great tool to utilize.I like and recommend everyone to have an HSA; safer, tax incentives, not to mention all gains are tax free if spent on qualified medical expenses (a great way to pay for long term care premiums!!)

` If you have a loan can you try and get the interest rate reduced or if you have paid on time sometimes the lender will put a payment on the back end to help you out.

Since property equity is not infinite, each interest granted results in equity being reduced.

Liability aside, this is not something you want on your conscience.At a minimum, I'd send the medical bills to the LL and have the property inspected for safety.

DocumentID=366780New mortgage regulations resulting from the Dodd-Frank Act will harm homeownership, reduce credit, and prevent credit-worthy borrowers from obtaining an affordable mortgage, witnesses from Habitat for Humanity, community banks and credit unions told a House Financial Services subcommittee today.

Haha @Jon Klaus ;) Or maybe the service is "reducing one's rental opportunities".

That would really ease the transition, and also reduce the amount of money you need as a cushion.

However, if the contractor is injured and doesn't have workers compensation he can (and will) go after you for his medical costs, pain and suffering etc.

If the proposed loan won't debt cover to the lender's satisfaction then more equity is required which will reduce the cash on cash return, all else being equal.