I can see a bunch investors, realtors, etc. doing a citizen's arrest Vic Mackey-style.

Cash flow will be there later in life when you need it and are retired.

So would it be safe to say that If I can find a way to mix both of your strategies that I would be set for an awesome life as a real estate investor?

This is why the two techniques generally work out to the same total depreciation expense over the 27.5 year class life of the dwelling structure.

I mean, if $25 can affect a woman's life so much that she would literally run after me to tell me how much it meant to her- then I could be doing a helluva a lot more for others.This was a bit of an epiphany for me.

I consider myself lucky that I got my college degree in high school teaching because that style of discipline and calling bluffs is what I seem to have to employ often with tenants.Jon's right though - doesn't sound from your post like "terminally ill" is on the lease anyway.

If you will do for 3 years what most people WON’T do, you can do for the rest of your life what most people CAN’T do.

Oh better; secret mic audio and video of real life negotiations :)

It's always more clear to me when I see real life examples, thanks.

If you choose to take that opportunity it will make you a better person for the rest of your life.