Writing triumphs over verbal.

But again, as a non-active participant, you will have to carry these PALs forward and offset them against future passive income and not your ordinary income.

Financing for a primary residence vs a non-owner occupied property will affect what option makes the most sense for you.

Now there are some things to consider with a lease option:1- generally will require an initial 1 year lease2-generally requires a non-refundable fee for the "option agreement".

I would visit a non-traditional mortgage originator to see what lenders he or she works with and what products they support without a DTI.Credit score will have to be > 580 and cash position will have to be enough to cover the difference between 96.5% of appraised value and sale price, plus closing costs.

It is non-linear, meaning that small homes have a much larger $/sf factor than larger.Yes, you should see a higher price for more acreage and a garage, but there are so many other factors to consider:Style, Age, Specs - location, condition, beds, baths, basement type, foundation type, sq ft, acres, local conditions like noise sources, flood zones, school zones, proximity to airports, gun ranges - that list goes on and on.

Give them notice of non renewal and ask them to leave.I would call them or meet in person and say here is the deal.

If a new tenant moves in and requests a lock change, then I'll do it just to avoid complaints or the almost non-existent risk of liability.

For those with self storage experience, I’m looking to find out the average cost per unit for a 10x10 non-climate controlled unit.Let’s say for example, 200 units to start out with.

BP,Does anyone have experience buying an non-warrantable condo as a buy and hold investment?