WAW still at home 12 weeks after asking for D

[bdub]

Financially my sitch is very complicated. I work 8-5 in a financial institution and I farm and I have multiple rental properties. I will break it down into those 3 catagories.

My salary will be enough to cover all of my living expenses and give me very little left over. Since I dont have the chance to get any overtime and I get paid once a month, I have my work cut out for me here.

Farming has been really profitable the past 3 years. It finally took a down swing this year. My goal is to make a small profit, with break even as a worst case scenerio. With farming the income all comes in in October and November. The expenses all go out in March. So far yields have been good but the price I am getting is half what it was last year.

The rental properties net me a return of around 8% on my money. However, because I carry a significant amount of debt on the properties I have several mortgage payments due at the first of the month. This creates a cash flow crunch for the first 10 days of the month. In days past our combined salaries were enough to cover the mortgage payments. Now I will not be able to pay the mortgages until the rent checks come in.
The rentals will all be paid off a few days before I turn 55. We would have both been able to retire in 14 years at the ages of 55 and 53.
I vividly remember my college days when I ate Mac and cheese and ramen noodles daily so I could get through college. I decided early on that we, as a family, would not have to go through that.

I believe that I will once again be sound financially. The biggest issue I see is cash flow management. Fortunately a major expense is real estate taxes and hazard insurance on the properties. Those are not due until Feb and March so I can "rob Peter to pay Paul" until then. Technically I have 5 of 15 units empty right now. 2 of those 5 have been spoken for, the other 3 have not. Obviously it is now crucial to get back to full capacity.