Over the years, I have taken a depreciation to offset my income on schedule E of $25,000.  

Post and pop, I don't even know what that means, I will have to check my e-warrior urban dictionary:)  Sorry for delayed response, this is not my primary business. 

Southfield is stable and quickly returning to the prices of yesteryear.

(Our work crew would have to FAX US or E-MAIL us) their invoice for the job done in order to be paid.

Reasons are - relatively stable economy and job growth, several Universities (Missouri State, Drury University, Ozarks Technical College, Evangel, etc.) in the local area and a major hub for surrounding suburbs/towns such as Ozark, Nixa, Republic, etc.If you favor cap rates, it is easy to hit low to mid double-digits on properties that seldom top $100K (yeah, BIG difference from Irvine/SoCal in general!!).  

Not sure if a R/E license will be much help.  

Good relationships & stable rents go a long way to avoiding drama and unnecessary vacancies.  

My attorney in each state drew up the leases - make sure you have an attorney experienced in landlord/tenant law to write your lease, don't get it off the shelf (or online) from anywhere else.

Econo does not pay anything on the home while they have it, no r/e taxes, hoa fees, etc...

Rhonda E. and Linda B., thanks.