There is a new window AC unit and a gas fire place for heat.

Gas - minimum $1,0006.

This will affect the available credit portion of your score, if it happens, so use them to pay for your gas at least and pay off the entire balance each month.

As long as your title company approves the assignment, then you know it is a valid transaction.

I Live in the Midwest and have a few Rental Properties with older furnaces, I mean 4'x5' Beasts, that are gas guzzlers not to mention they may quit at any time.I've seen a lot of 10-15 year old Heil's, ComfortMaker's, Rudd's and other furnaces in classified ads for around $100 +/- that people have kept after updating their home (and being upsold by the furnace guy)I'm thinking about buying these up for inventory for the unforseen day when I need to replace an old beast with something half way decent.2 QUESTIONS:- What do you guys think about this thought?

The two closings can stand on their own and are valid.

Just remember to bring your lamps and coleman stoves as there is no electricity or gas way back there.

The oversupply may take a year, or two, or five to draw down ... but it will happen.3) The thesis that homes go up in value remains valid in the long run.

electric/gas/waterFor the cap rate you have to figure the Net Operating Income of the property.subtract the vacancy amount and operating expenses from the property's gross income. operating expenses include maintance, taxes, insurance, management, advertising ect.Could get atleast a little closer with the est taxes and insurance for the property.

My Twitter ID is @cdspeights I think...haven't used it in a while.As for the validity on Twitter for REI, I don't personally see it working, but I have also still not yet completed a deal.