Base your decisions on today's value.

Today I received a call from the Passaic Valley Sewerage Commission (which is the agency in charge of the sewer system of several towns in New Jersey) telling me that in order for the City to complete all of the permits I had to pay a one time fee of $1,500.00.According to the employee of the PVSC, this charge is incurred for anyone purchasing a home from a bank if you decide to renovate that home.

Why use todays rent to pay 2035 mortgage payments?  

We were supposed to move in on September 5th but I just got a call today from the agent (landlords representative) saying we might not be able to move in at all.The current tenants are in the process of closing on a house, but there is some possible title trouble and if the sale does not go through, I was informed the current tenants will be staying in the apartment.Is the landlord/homeowner required to rent to me?

Please take a moment, and think about what you've done today to be frugal.

I have not started the LLC process yet but I was going to today.

these are just a few.Do they have all of the security depositsLook at least 2-3 years of P & L statementsHas this owner that is retiring been involved daily and holding the owners hands, or does he have a staff to handle day to day?

Every property is unique and you can somewhat calculate capex in todays dollars. 

And wouldn't you know as soon as I check the mailbox today I had at least 10 offer for credit cards so maybe God is telling me something.

This house is back on the auction today.