At 100k miles stuff just starts to happen.I literally did nothing I just watched it appear and grow.I have a question for you but I will PM you.

Over in the next county the magistrate makes evicting LLs present their whole case EVEN WHEN THE EVICTEE IS A NO SHOW.When I appear I pull out a thick folder stuffed with papers making it look like I'm loaded for bear and prepared for anything.Also, make sure your cell phone is off, here in this county the sheriff will confiscate offending phones.I've been to court where the other side's father actually hired an attorney.

Opportunity is easier to make up than losses.

Just recently, 2 weeks ago, I learned about the co-operative assignment with lease options.Very easy it seems and the profits are pretty good..not as much as a normal wholesale type deal, but easier to do and can happen more frequently--I don't see 3 of these a month as being impossible to do!!

Yeah, that's a great point...in fact, it's probably even easier to buy the newbies, as they are just getting their first taste of power...

No, under the 50% rule, the taxes and insurance appear in the 50% of the rent that goes towards expenses; the debt service is just PI (Principle and Interest) and NOT PITI.And your profit is what remains after the debt service, so typically you would allocate $100 per unit for profit (or cash flow), and then what remains is available to pay the loan.

There are no other liens appearing on record currently.

It is OK to lump them all together if you wish, but if you bought several appliances it will be easier for you in the long run to depreciate each appliance separately.

I figure it is easier to go this way than from residential to commercial.

Hi, good outline Jay, but there is an easier way to accomplish two or more obligations in one document.