Tammy, I see several disadvantages to combining the properties into a single tax parcel.1) if held in separate entities, your liability is limited and you have significant asset protection.2) individually, you can borrow against the properties either through refinancing or Heloc.

Also you may be in code violation for allowing a bedroom in the basement.You need to become more active in protecting your asset.

I own some vacant land in Illinois and would rather place it under an LLC for protection & insurance - in also looking at 2 deals in Florida I may pick up.

We had a blast and my kids loved it too, but there wasn't much financial return besides appreciation...time to sell!

(might help to protect your personal property)

Hey everybody,A bunch of the OMs I'm getting sent include a principal reduction in the financial analysis.

Try First Financial NW.

While listening to financial independence podcasts I picked up on some interesting info.

Lockout protection: No one wants a call to let a tenant in because they are locked out. 

I was a senior in college studying business management, evaluating my personal financial situation, and determined to be a wise steward of my first paycheck after I graduated, knowing I’d be climbing my way out of about $20,000 of student debt and several grand in auto loans.WhIle searchIng for somethIng productIve to lIsten to on a jog I found the bIggerpockets podcast.Ive learned more from BP than I ever dId In college.Despite math, my wife and I made the personal choice that we’d pay off our student and car loans before we got started.Fast forward three years later we paid everything off and saved $20,000.