Taking the emotions out of the working relationship -  that is, my 'sympathy'for  his dad being greedy and thus losing jobs left and right because his dad insists on masquerading as a contractor despite being just a handyman limited to CA CSLB statutes that strictly limit all handymen in the state from being compensated more than what's left of $500 after materials - I realize I have reiterated with son on several occasions that CSLB limits handymen to $500 per project as the maximum for both materials AND labor per project IS the basis for fairness.I realize being told that the above (current CSLB limits )isn't 'fair' is a huge slap n the face after having given formerly father, and now currently and ongoingly the son for the past 11 months and change, steady work.Perhaps it's a sign of the times where even handymen and jobbers would rather sit around making no money than taking what they feel is 'less' pay than they could be making 'if they were' a contractor?

They offer steady income and less upfront risk compared to fix-and-flips.

Steady steps in the leaning!

I was thinking of doing rental properties near college towns as I think the income would be steady and minimal risk.What sort of capital is needed to get multifamily properties in B rated areas?

Create an investment plan for apartment buildings, focusing on chances to add value, assets with steady cash flow, or troubled properties with a chance to grow in value.Good luck!

Returns are not steady.

Slow and steady wins the race mate.Too many guru's and marketing companies pumping leverage to rookies because they make more money, the more somebody buys.Being patient and using all cash to begin is always safer in the long run.Build the foundation of your portfolio with cash and make it strong.After a few years, look at using leverage for faster growth.And only after you have experienced the true income and expenses of your portfolio and not just paper figures.Cash is KingCashflow is QueenLeverage is the Peasant Just my opinion 🙏

Rent has been steady, no memorable issues we couldn't solve and continue the arrangement. 

Rental properties can indeed provide a steady income stream, and it's fantastic that you're exploring this avenue.Here are a few considerations and steps you might want to take as you move forward:Market research: Keep looking at possible multifamily buildings in the Augusta, Georgia region.

People who have been doing it for years are mostly steady but part timers aren’t getting paid well and jobs are sparse.If you pay $170 for the NNA NSA course, you’ll learn briefly about the closing process but not enough to benefit.Most of the closings you do are with people who are financially illiterate and often times don’t really know what they are signing and expect you to explain it to them.