Now, there are 60 questions, if you get 54 or more correct then you know enough to hit the streets as an investor. 48 or more, you need to take some reference material with you, use technology to jog the memory in some situation. 42 or more, go with a mentor.

many fond memories of Myrtle Matt, and welcome from a fellow nubie

Unless you're getting family memories and like using the place then it might be time to cut losses and move to a new investment. 

i guess my preferred inheritance option would be to have cash flowing property checks in the mailbox every month that could supplement any other income and that budget could fund everything from passion projects to tuition to memory making travel experiences. 

I'll recite my lease and the lot lease from memory as I am away from my home.From my lease: "NOISE: Any complaints of excessive noise or general misconduct on the premises which disturbs others will be considered a breach of this contract".From the lot lease there are several: "Must keep control of children at all times. 

Do you find that Urbana's increased taxes and regulation don't impact your returns due to higher rents (per memory, Urbana had lower rents than Champaign, at least around the areas where undergrad students lived), or that you underwrite it into your math and as long as it works, you go with it?

People tend to have short term memories.

If memory serves me, the last deal cost me $1,200 in title insurance and $350 in escrow costs.

He seemed spooked when we called and said he wanted nothing to do with the house and had bad memories about it.

I used to be pretty 'religious' about checking the Federal leading economic indicators, released by the Dallas Fed, if my memory serves.