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Having good people in your rentals on a long term basis is surely the key to it. I have a friend who has not been able to find a stable situation like you for his rental house...frequent pain in the behind. Git 'er done, Squish. I think you and your wife are awesome folks. Best of life to you!

I do have a cool job, at decent pay with a great benefit package...I indeed got er made ;) In my book, dealing with those rentals are a whole other way to be driven crazy...near as bad a owning a gas station or some such :|:.

You make a valid point, Tom Dunlap. To a great degree it can come down to your tolerance of risk, in my view. Do you feel comfortable enough in your ability to never fail to be able to continue earning enough income to service your mortgage debt? If one ever lays awake at night concerned...

Sure, but you are doing it right, and making yourself more money with that $445 each month than you would with almost any other investment, regardless of risk...and there is no risk in this deal. I expect there is a large differential in the size of your current mortgage and the one my wife and...

This too is true, Willie. I haven't figured out a way to work around that end of the deal.:cry:

I cannot argue with that, Willie. It truly is...and there is no greater feeling than knowing your home and land is paid for free and clear.

Well...not exactly...remember, we paid double or triple on almost all of those 42 months 'til we paid it off. Still, the difference in both total outlay of $$ and the time you labor under the weight of your loan is stunning. The way mortgages work is that in the front end of the term, almost...

Thanks, Butch. I'm rather proud of it...and I thunk it up all mybyself! :)

You are soooo right, Brian. We've talked about this before...my wife and I took out a longer term mortgage than we needed to so as to put the required monthly payment as low as possible...lower than we needed it to be to afford it. Then we made double or triple monthly payments as often as...