Or would you have a guy who just read two books on dentistry get close to your teeth?

I do not want to turn this into a real estate vs. paper asset (stocks, bonds, etc) debate. 

Now several sell each year and I buy some each year -- it is the "Bond Ladder" of the past with much better than bond returns.Yes, I expect that there will be a year in the future that will be the wrong year to sell and I will live on other money that year. 

With that being said, there is no reason you shouldn't do it IF it meets YOUR goals.If that's what you're going for I would look into a loan product called a HELOC all in one (in some countries called a bond access) .

If you are looking for the safest investment, invest in government bonds. 

purch price $148,000 repairs $3,000down pay $29,600 closing costs $4,000 mortgage $118,400 Holding costs (PITI) $1,233 Totalmonthly mortgage paymt $727 assume 6.25% rate on $118kmonthly maintenance $50 insurance (monthly) $83 Utilities (avg monthly) $10 taxes per month $333 property mgmt fee $- termite bond $29 advertising fees $- HOA fees $- est'd taxes $4,000 taxes per month $333 opp'y cost -down paymt $92 [I assume a 3% non-compounded rate per month]ttl per month cost $1,324 rent > this amt to not lose $ $1,324 fair market rent in area $1,500 VACANCY CONSIDERATIONannual costs $15,892 # months rented11projected monthly rent $1,475 491.67 per person at 3 occupants amount income $16,225 profit (loss) $333 Total annual rent $16,225 Yield on cash outlays44.3%Yield on cash outlays + annual exp30.9%

:wink: Not with teeth like that.

I guess all the cheerleading in the press last tues/wed about the successful & oversubscribed bond issuances didn't work.

From the lenders perspective.Commercial-Single Tenant--Investment grade-15 years remaining on the leases-NNN-Backed by a bond for the total lease amount-all day long?

I'm reading your post to my GC b/f, he advises "it doesn't matter if you have it in writing or verbal, contractor is legally required to assure a permit is pulled for the work, regardless.Work is not suppose to be started until then.Options are, to call license board and his bond may cover to remedy/satisfy inspections, permits, etc.. but, may open can of worms.