HEALTH & SAFETY CODE §533.004: Perfected MHMR lien has no limitation.Mental Health and Mental Retardation Lien secures recoupment of the cost of providing support, maintenance, and treatment to patients in a Texas Department of Mental Health & Mental Retardation facility.When statutory notice is filed in the County Clerk’s Office where the obligor’s real estate is located, a lien attaches to the non-exempt property of the patient or person legally responsible for the patient’s support.Mechanic’s Liens: Voluntary TEX.

In the case of this form, the penalty is $250/day up to a maximum of $150,000.HOWEVER (don't panic)....If you've caught the error before the IRS has notified you, you can file under a Delinquent Filer Voluntary Correction Program which involves preparing the delinquent forms, filing them together with some additional notification forms and paying a fee of $500/year to essentially beg forgiveness.If the IRS has already notified you that you haven't filed, then the procedure is a bit more difficult, but there is still hope. 

Put in about $7k for general handyman type stuff, termite treatment, some plumbing and some electrical.

The truth is, you could read 100 books and still not know enough because certain things need to be learned through trial-and-error.

Tenants actually save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.

I am trying to edit a property I started on the Rental Calculator under the Analyze tab a few minutes ago and every time I try to submit the item for review (completed all steps), I get the following error and nothing else on the page.  

I used to work in substance treatment facilities that had houses for sober living. $500/person per month is on the low end.

The truth is, you could read 100 books and still not know enough because certain things need to be learned through trial-and-error.

Identifying, qualifying and executing transactions seamlessly while coordinating with seller, other brokers, title companies, lenders, managers, tenants, inspectors, contractors and appraisers is not dissimilar to conventional residential real estate transactions but the margins for error and the foresight to avoid or solve potential issues and overcome them is often the difference between a successful transaction/investment and a disappointment. 

That was my error on the 400k. 300k or 200k is 6-8% CoC return, not a great return for the risk this one carries.