I may amend our rental agreement to say that if a garbage disposal is in the unit it will not be repaired or replaced when it no longer is functional.  

check with your tax/legal team but i think you can set up an LLC to function similar to a corporation or as a simple passthrough to your personal P&L.  

I figured both reports combined would put me in a good position to narrow the scope of the rehab.

@Dan Schwartz right now my tenants are just dealing with the non-functioning dispenser.  

@angel, I was thinking of this earlier today @ work, I was asking myself do I combined my talents with my art and real estate or keep them seperate.

There is now the possibility to purchase the adjacent duplex which is fully rented, but at about 40% below market rents, the land there is about 7,500 SF, zoned R3.I am interested in purchasing the adjacent duplex not necessary for immediate cash flow but potential development in the future (with combining the fourplex). 

If you go that route, I see nothing wrong with the compensation package being a combination of salary and profit split, but I would try to ensure that the total compensation is in the same range as if you were just paying a salary (in other words, don't do full salary PLUS profit split).

My understanding is that "Rich Dad" is a combination of a few people, possibly including Keith Cunningham, who wrote "Keys to the Vault".  

If Texas were an independent country, its $1.65 trillion GDP would make it the 15th largest economy in the world, just ahead of Saudi Arabia's $1.62 trillion economy.The United State's $17 trillion economy is so enormous that the 51 smaller economies of the states and Washington D.C. that combine together to make that national economy are comparable to nation-states in their own right.We recently featured a map made by American Enterprise Institute's Mark Perry that compared each state's 2013 GDP to a country with a similar GDP level.The US Bureau of Economic Analysis just released their estimates for 2014 state GDP, and the CIA World Factbook has estimates for 2014 GDP for 194 countries.

Read on.The prime function of fencing is to protect the premises of the house and you can choose from the various design option available in the market.