I'm a huge believer in rental properties and passive income, as a vehicle to achieve financial independence. 

No chemical (odor exit.....I've tried them all.....none of them work well) will completely get rid of the smell, take my word for it......   

I am rehabbing a 15 unit right now and when I first bought it my initial thought was to get everyone out so I could rehab at will and not have to worry about noise, trucks, complaints, vehicles in the way etc. 

The first 2 steps in our process with any client is to (1) first determine the clients goals and objectives for the investment (i.e. additional cash flow, retirement vehicle, wealth building, etc.) and then (2) secondly to explain the market in which we invest - explicitly.I would recommend that you start by defining the goal of your investment before doing anything else.

And personal debt against anything that is depreciable (i.e. a vehicle) should be dealt with, if possible.   

:P ).Con: Easy to become dependent on this incredibly non-diversified vehicle.

absolutely not...my parents has a salon only stylists and braiders, these requiring a different license due the use of chemicals.

It take a great deal of study and self education to invest in any vehicle especially real estate.

I've been listening to the podcast and lurking these forums for the past 5 months or so and decided to go ahead and introduce myself.Currently I work for a chemical company full-time, primarily dealing with water treatment in the Pulp and Paper Industry.

If you dont deplete your retirement accounts, what percentage of your portfolio is real estate investments (in all forms), retirement accounts and/or other vehicles?