So I carry around a form, an affidavit that basically says that under binder# or policy number such as such between such and such dates, they will hold us harmless for any claims.

It seems when adding in the property manager-- you would be basically breaking even?

Hi All,This may be super basic but I cant figure out how to follow a forum that inst local to me. 

If parent company guarantee then the whole company would need to go under (all locations) to basically make the guarantee worthless.If it's a full personal guarantee on the lease then the landlord can come after them personally and they would have to file personal BK to try to get the debt to go away.

. :).. plus our basic storage needs and over flow of toys.. 

@Patrick Fraire I'd counter at $330k + 1-year of rent for this friend with the contingency that the friend sign a lease agreement with you, which would basically be a pre-paid 1-year lease.

It is "the yellow book" covering all the basic rental practices and even imparts the unique landlord sense of humor you will develop over time  (via the funny cartoons).

Other investments will either be not liquid or run the risk of losing the principle in the short term.

I have a $3300 mortgage payment that's about $800 principle, $1250 tax and $1250 interest a month. 

I'm gonna try to not bunch everything up so details below4/3 sfr he's asking $120k which has lease option tenants paying $1450 per mon* $200 credit towards principle with one year left with the option to buy for $160k. 7/5 sfr he's asking $150k also with a lease option tenant to buy in 1 year for $185k.