Off Topic :To take it one-step further, you should create a parent company, usually a S-Corp or an LLC with an S-Corp filing status.

And acting as a surrogate 'parent/counselor' grows repititiously tiresome.

Once I read the book, I changed my mindset to think about abundance.

Any of you that read my first chapter, of what I hope to be a completed E-Zine of value, should appreciate this next chapter as I go further into the mindset of the transaction and what I think made it work.

MikeOH,I know you are stuck in your mindset that all tenants are irresponsible.

With college students ALWAYS get a signed parental guarantee.That way you have additional parties with assets to go after.I do not have any clause allowing early termination of the lease because it is usually difficult to re-rent in the middle of the school year.

IMO it is going to take a serious bottom to change this mindset and we are not at a serious bottom yet.

My parents had a similar acting toilet.

So I rather start changing my focus & mind set now than later.

Now granted, they are kids, mid 20's, but even if you have never help your parents, grandparents or watched Gardening by the Yard..