As Mike said, although this deal on the estimations is entirley bad, it certainly is not a good one and after plugging in the actual numbers (what can be verified and not estimated), you may find it to be a poor one.

Your risk is that the team, goes bad and people stop coming to games.

And if you're exceeding your comfort level, that's not necessarily a bad thing - just don't go crazy. 4 units is an accomplishment.

Too bad too.

Will get hit badly in the credit crunch, economy downturn, housing slump, etc. in the next 1 yr and will make this stock very CHEAP!

The areas where my houses are don't seem that bad, but a few said they won't take them.

I did not like it the idea that there was no way to have a private conversation there and trully something smell very bad on him.

That way if my rental rates are off, this buys me time to do some due dilligence and the time for my contractor to look over the property and get me a quote.I have only had to back out of a contract once based on the clause.For a newbie, it may not be a bad idea to have a bit of a safety net.

I got to chase down bad guys.

On the second one the old roof didn't need to be stripped, no bad decking or sheetrock.