What he does works very well for him in his area.Hang on a second.

Filling out paperwork is easy, finding deals is where the money is made.Sounds like she does the first, not the second.

First mortgage is $575.00 and the second is about 200.00.

So when I do work on the properties I will be an employee of the second LLC and covered.On the other bright side of it if I don't have work for my employee I can sub-contract him/her out to other contractors.

Short (or buy) the second for pennies, and create your equity there.

Second and most importantly, you are losing the power of leverage.

HSA's do require a high deductible insurance plan, as to paying for a second in addition to the one provided by your employer or switching is something you should verify with your financial advisor or by looking up the HSA guidelines on qualified insurance plans.

I'm quite happy with a relatively simple life, and I can only thing of a handful of things I would increase my spending on if I were 'filthy rich' (Upgrading my computer more often is one, getting a second net connection in is another - hardly expensive stuff....)

I second 1and1.com.

My second question is, what do you do when the seller has a real estate agent?