Hope this helps, Lionel.

Got it Rich, I will call you ASAP.

He has been a crook his entire life, this is nothing new for him.Called the building department and also found out that Rich is incapable of pulling permits himself because his business license is suspended. 

I would much rather own that be making another person rich. I

., @Lionel Mosby Jr, @Ronald P., @Charles Large, @Kanwar Sodhi, @Jeremy Davis, @Cesar Arciniega, @Carolyn Chupa, @Spence Kal

Though if you do the above, you probably won't need to.And last but not least, DON'T FORGET US WHEN YOU'RE RICH!   I

Rich I will have to add a #6 so I can respond....How about a supportive spouse??

Rich Baer hey rich I definitely understand the neighborhood situation...But here's a little info: tenant is currently in property with a year lease, about 6months left on the lease but it's currently renting under market price, needs some work to it plan on doing that once the tenant is out, my partner went to the house already I plan on going this weekend; street name W Fayetteville Any help you can provide would greatly appreciate it

Hey @Lionel Li and @Jim Murray,Thanks for sharing your data points, it's really helpful to see what others are doing and compare notes.From my previous life, I calculated time charters for ships and the calculations we were making are basically the exact same (in principle, not specifics) that we are making for our rental properties.  

I also agree that many wealthy folks squander wealth and many non-wealthy folks strike it rich. I