He became a contractor, worked hard, and grew a successful business that produced a lot of money.

To maximize your tax advantages, treat 75% of the property as rental income-producing, allowing you to deduct expenses like mortgage interest, property taxes, and depreciation on that portion.

At first, it wasn’t glamorous, but today, those 12 doors produce about $90,000/year in net cash flow.

China as a low cost producer is past- they have aged and standard of living out.  

Those two things turn some folks off, but if the numbers work, they work. 

waste of time utl is not reponsible.. turn it over to insurance

The previous owners turned in into a single family home.

Everywhere I turn all I see are pitches for affordable housing and the same (not so) compelling arguments regurgitated by syndicators, capital raisers, brokers etc. for the investment strategy....strong returns...lower volatility....supply (huh?)

But it turned out, it was his roommate (who moved in without telling me, but turned out to be a good tenant) that was doing the cleaning up.

I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payment.