Thus the cash flow really does improve, but that depends upon just how much principle reduction has occurred.There's all kinds of investment strategies and theories and YOU get to pick yours :grin:Building equity to reduce payments is like depositing into a long term CD. 

In theory, the tenant pays this, but the citation should go to the owner, which means if the tenant does not agree and start paying it then the owner is impacted and has to make a decisionFire the owner.

Seems like you can get more "bang for the buck" and many manufactured homes are quite nice- esp for renting.  

Definitely don't give it to a guru, and if you must buy something, bang the numbers off the forum guys - they will pick it to death and you will get a better idea of the real costs involved.

That's fine, and by this point I assume you understand the required effort.If you're the only one on the existing properties and loans, then you wife can, in theory, get loans, too.

I've gotten a lot of theory....now having some clear steps to take is motivating.

In theory, if this were the case I would have been prorated the "uncollected rents" at closing.

Water can go down, but if sewage starts to back up, the hanging rubber ball rises and forms a seal to prevent sewage from coming into the basement.It sounds good in theory.

Cash on cash shows just how much bang for their buck they are getting for every one of their precious dollars.

Even if you know what office it's going to in theory before hand, the title often does not have the work order or even know the property exists before this step.You *might* have an executed contract and title company today - but I would expect it to be more like Monday at the earliest.