Trump vs Buffet is apples to oranges.

Welcome Adam.I Live in and own a duplex in Apple Valley and have basically lived in the Twin Cities my whole life.I'm sorry to hear about your initial experience renting your condo!

Actually when I compare apples to apples there is about 4 year difference between the plans.

To download the app, simply go to the Apple App Store on your i-device and search for "BiggerPockets" OR Go to our App Landing Page OR Click Here to be redirected to the download page on the Apple Store.Keep in mind - this is only version #1, a sort of "beta version" of the app.

You get all the upside, let you capital go to work, appreciation, passive cash flow, etc, without the downside of actually having to do the heavy lifting.

When you buy in the two above markets, tenants you attract are decent and a good PM should screen out the remaining bad apples while ensuring no issues go too long w/o being resolved ensuring good cash flows.I have been cultivating relationships with PMs, rehabbers, and realtors.

I appreciate it, lifts some of the worry off.Anywho, the renovation is mostly cosmetic.For reference its a 1250 square foot house.

At that time that we had it sanded, I lifted carpet and found large plywood patches (8' x 3') from water damage in front of the picture windows and several random spots of rotted boards.

Which I don’t feel is apples to apples with the idea that statement that less debt is less risk.

Definitely do any major foundation work that requires lifting the house before doing anything else.