If there is a surplus, we give the tenant the choice of leaving it in the fund (i.e. winter is approaching) or having it applied toward the next month's rent.

I apply to like exchange that amount into a strip shopping center on 5 acres of land costing 1,000,000.The Question is, if I follow all the proper rules and deadlines, would I be able to transfer the entire 100,000 (tax free) into the new property?

My cap rates are always lower since I take into account ALL my operating expenses:-property insurance-tax-maintenance/repairs (10% of rent)-HOA (if applies)-property management fees (10% of rent)-vacancy (depends on area between 10% to 20% of rent)Basically, when calculating cap rate I take into account all expenses except for mortgage principal and interest.

I'm currently a sophomore finance major at MSU from NW Detroit, applying to the business school in the spring.

But since this is interest only, the balance isn't changing and that is why term doesn't apply, correct?

I have had a number of people look at a current rental and the ones that apply have been rejected so far.

Can't wait to actually start applying some of this info to real-life investments, and being able to give something back eventually.Dylan

.- The other half of the rent would be payed in two additional payments, one in January, the last one in February.I am hopeful that she understand the flexibility we have applied to help her out and that she do her part as agreed.Thank you for all your great comments and suggestions.

It shouldn't cost much to have an exterminator apply that or another product he may see suitable for your situation.

This is all explained to them when they apply and it's in the lease.