As paying by cashiers check each month is  pain, and expensive.

Now, don't get me wrong, I've been a decent return in 63118, but it's been a pain in my side.  

At some point the pain of holding on to it reaches it's peak and whoever follows up gets the property at $120k.  

In fact, some of the best sponsors turn away investors they feel are going to be a pain in the neck.  

(Thanks Rob for sticking with me I know I'm a pain) After paint, carpet, countertops, flooring, and a few busted pipes we were in business.

Using this method I would have pain $16,000 in interest and $45,812 in principle with a balloon payment of $274,188 instead of $305,100!

Kurt:A change lease is an amendment to the current contract (lease) where executing a new lease would replace the present contract.Smartkeys are fine if you have one or two doors, but they do not work in master-key trees and are a royal pain in the @$$ if you have many doors.

If your guy is cutting the hole in the wall then I could see why he wants a $1,000 as it is kind of a pain.

He's a pain to work with, but the properties are nice.

NO biggee there in all the years I have been doing this I have only had to talk with IRS once.. and at that we just paid them a litlte extra they did not redeem.. they threaten to .. but we had such a monster spread that they accpeted a few bucks.HOA's can be a pain depending on the area.But by and large you should be good...