I'll send over a list of questions that you can post replies here for the readers or just back to me.

Hey all,

Here's my situation, I have a triplex as some of you already know, I bought it 3 years ago, it's now worth around 420k and I have 154k left on my mortgage. I had a pretty nice leap in value last year when 2...

Of course a Note is Notarized, but I like documentation, documentation, documentation.....To me it's the only thing that helps you in court, plus when someone is borrowing from you, and they know you are documenting the heck out of everything, doesn't that tell them that certainly you will follow through with foreclosure if necessary, and that its' not just an empty "threat."

It was clear to me that she was disgruntled, but not yet ready to throw in the towel.

However, it doesn't look to me like you've included the operating expenses in your calculation.

Thus, I would rather have the bill come to me.

To me (a newb) it seems as though having a multi family would be best.

Then try a few deals you will learn a lot more that way...Ok off my soapbox I just wish someone would of told it to me straight when I started.

There are some really nice commercial buildings fairly close to me, located on the highway, with good parking, in towns with populations under 1,000.

it seems to me that it should be easy to rent out for say, 1000 a month - but that is just a guesstimate.