You missed a BUNCH of the expenses, such as damage done by tenants in excess of the security deposit, advertising, entity maintenance, legal fees, evictions, lawsuits, office supplies, etc, etc, etc.Throughout the United States, operating expenses run 45% to 50% of the gross rents.

It seems like most banks do not lend on notes secured by land.

The bottom line is unless they have held regular meetings as required in their incorporation paperwork and bylaws, they are not a valid entity and the state can dissolve them administratively.

Otherwise, they are tempted to think that they've already paid the last month's rent and that they simply don't need to pay the rent the last month.I NEVER sign the lease with a tenant or allow them to have the keys until I have gotten both the rent AND the security deposit IN FULL AND IN CASH!

Research found that the appeal of this low calorie beer to heavy drinkers was not its low calories at all (most were proud of their beer bellies), but the fact that it didn't "fill them up" as much as regular beer - so they could drink more and stay in the bar longer.From my own experience of working in international book distribution and marketing, I know that many books are bought not [only] to be read, but as interior decoration or as a symbol of cultural sophistication.

By that time, another wholesaler, who contracts sight-unseen, will secure it, leaving me out of the deal.

Why not put it into an investment that is secured by income-producing real estate, partially guaranteed and that will deliver a high level of monthly cash flow (12% starting cash-on-cash return) and deliver a 50% return in two years?

For example thru WIC or food stamps or unions or welfare or unemployment or social security or healthcare etc.

The higher the value of assets that you can put up as security on the loan, the the lower your credit score can be to qualify for a loan.There is no magic loan dollar value when banks stop caring about the credit of the individuals or corporations they are lending to.

They need security for the job as well.