It has never been anything big, just selling old houses he used to live in at a healthy profit and once took his girlfriends house (which was costing her $750 a month) and set her up with a professional management company who got the building to turn a $400 a month profit off rent.

I think rates will increase slightly in 2016 which will lower buying power slightly but I do not expect to see huge jumps as the rest of the economy can't withstand such increases.I think we will see further stabilizing in the market and healthy appreciation rates of 5%- 10% annual for 2016.

If you have a recommendation that fits this then by all means I would greatly appreciate their info and would give a healthy kickback once a lease is secured.  

I think we can win it this year if the team can stay healthy.   

Land lords have become immune to it because of the high amount of them of the last few years but I would still be weary depending on the length of time since the short sale.

Find something that's a foreclosure or other bank-owned, or someone really needing to unload, that just needs cosmetics rather than structural, in a reasonably healthy community.

My longer term goal is to have the ability to quit my current position in 7 years at the age of 55, with a healthy 6 figure annual income from rentals.

The seller accepted the offer we made which was thousands lower than asking and also agreed to pay a healthy portion towards closing cost.  

The fact remains that a healthy Cavaliers team is the clear favorite to win it all. 

Very rarely will an individual investor be able to buy a good distressed home, flip it and sell it for a healthy profit.