There's also a video walkthrough of the apartment, a link to all other apartments that I have available, my weekly schedule for when they can come see the apartment (I do 1 or 2 open houses per week), and a link to my online rental application.Place apartment on the market Prospects either call me (Leave a message on my Google Voice phone number) or I get an email from Zillow, Trulia etc with their contact infoI send the prospect a text message (using text expander) leading them to the webpageThe prospect chooses which open house works for them and will attend (I don't make 1-on-1 appointments).

Haven't to go back leaving work takes a whole day. 

Or at least won’t leave you screwed if the economy tanks so quickly that you can’t react.

Keep doing that until you die (inelegant, I know) and leave the props to your heirs who receive a stepped-up tax basis (meaning you've successfully avoided all that capital gain and depreciation recapture tax).

She is not leaving unless you force her out.

@ Dennis - I am 42 and my goal is to leave teaching in the next 3-5 years.

We have about 60,000 left available on the HELOC, however, I wouldn't want to tap into anymore than about 40 of that, in order to leave a pretty significant buffer in the event that something goes sideways. 

To mandate in a basement lease that you must have the A/C on continuously to dehumidify the basement is like saying that you must leave the lights on at all times to scare away the roaches.

Anyhow, I cannot seem to get the numbers to work (even with a very low purchase price) in terms of getting a decent cashflow while not leaving any/much cash in the property.

I had a tragedy happen in one of my rentals this past week and I thought I would share what I have learned with everyone, in case you ever find yourself in the same situation what I have learned might be helpful. (The...