What worries me about becoming a landlord is the market is full of people with wrecked credit & broke from not being able to realize what an ARM would do to them. If you had/have an ARM during a period of historically lowest interest rates in a half-century, you likely are not real fiscally savy or you are a bad credit risk & couldn't get a real loan.
I'd not want to get into renting to such folks as just a fun kind thing to do. History says they will fall down the same bad paths again of not being able to manage their money.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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