Andy, I agree with you, my statement on "right to work" wasn't meant as to employee matters which has noting to do with this, but rather to limiting one's ability to work, act in common practices to earn a living, the tools of the trade aspect which does impact non-compete agreements.

If I understand you correctly, you are planning to combine personal funds and your Roth IRA funds as tenants-in-common on the purchase of investment property?

From other posts, articles and blogs I've read about turnkeys, the common thread is "do your due diligence" regarding the property, the turnkey company and property management company(s).

I know some areas it is hard to get the 2%, but not sure what % rate is common around east TN

Rental Demand is up and corresponding Increases are now common in Boston and most of Massachusetts now so I'm upgrading most of my apartments.

@Bryce Christensenyes it is a sad commentary, I often wish we had some common sense doctrine for these type of things.

What happened to the days of value, ethics, decency, good will, honesty, integrity, and common courtesy?

I'm not a lawyer, so no idea legally, but common sense would tell me that if I turned it over to the tenant a year ago in good working order and they gave it back broken, clearly more than normal wear and tear, they would be responsible for it, not me, and I would deduct it from their deposit.

NPNs are very complex and are not a place for a novice to jump in...particularly in a tough State like OH.On an off note, one common thing I see is the term "X cents on the dollar."

Removing the excess property insurance leaves total Administrative expenses of $3623.4) Utilities (common area electricity) - none provided but using January and February of 2014 numbers, which average $42.50 per month, I'm sticking in $510 for this expense.Total Expenses (as is): $31,662NOI = (6,722)Total Expenses (with above noted adjustments): $10,479NOI = $14,461Currently, the property is 100% occupied with each unit renting for $525.