A dark and rainy Friday…

As I was sitting here on a dark and rainy Friday morning seething quietly after cutting a check for a $1825 special assessment from my condo’s governing HOA, I realized it’s been a few days since I posted anything. What can I say, rage, it seems, beings out my inner soul as a writer – or maybe it’s just the catharsis I need after getting gang banged by a homeowners association board who must have been holding on to a shit ton of proxies when they voted.

I’m always curious about those who see rental income as a surefire pathway to wealth. Maybe it is under certain circumstances – if you’re local and can do many of the repairs yourself, if you paid cash and aren’t using at least a portion of the rent to make the note, or if you aren’t governed by an HOA that’s at least as good at spending other people’s money as the United States Congress. I’ve been renting out this condo since 2003 and I’ll admit that there have been a few good years – those years when nothing breaks and there’s no damage to be repaired. Those years are the rarity. Far more often it’s a break even proposition where you’re lucky to be about $500 into either the black or red by year’s end. Then, of course, there are those years where you end up pouring your own cash into the place hand over fist. No one talks about those years when they tell you what a great idea it is having a rental property.

At least the bastards got the bills out in time to use the whole damned mess as a 2018 deduction instead of having to wait an additional year to recoup a few pennies on the dollar. When your “bright slide” is consoling yourself that you have something to help offset the decreased federal deductibility of state and local taxes, you’ve really got to rethink the whole plan from start to finish.

This dark and rainy Friday is going to largely be about resisting the temptation to drive down there and nail a for sale sign to the door and being done with the whole bleeding mess.

Punch List…

I did my final walk through with the builder and inspector this afternoon, put together my “must fix” list, and crawled around parts of the house I will very likely never see again. It’s entirely possible that I will be hacking up blown insulation for the rest of my natural life. I’m fine with it, since that means I am one step closer to getting this damned move behind me.

With two pages of punch list handed to the builder, the only thing that’s really left for me to do on this end is sign the paperwork once my realtor and the inspector verify that all the repairs have been made. The big day should be on or about the 26th, when the lawyers FedEx me the final paperwork. After that, all that’s left is meeting the realtor on the 28th to pick up the keys and physically take possession. Of course then there is the small matter of waiting the week or so for my stuff to catch up with me. Fortunately, the new living room furniture I ordered should show up the day after I show up, so I won’t be spending the long weekend in a completely empty house… Just a mostly empty one.

It’s satisfying to see everything coming together, especially considering the short timeline I set for myself. When it’s all over, I think I may lay down and sleep for a week.