In 15 years when you are successful make sure to tell some teen the same.

Have cash on cash in the mid teens to start with quality tenants and the rest for reserves. 

We still rank #1 in children without health insurance, #1 in air pollution, #1 in teen pregnancy, #1 in population without health insurance, and it just gets worse.The report Texas on the Brink is provided by State Senator Shaphleigh out of El Paso.Percentage of Uninsured Children 1stIncome Inequality Between the Rich and the Poor 2nd ** But that is a good thing for you, right??

It was hard to get them to part with their BB Pearls but now I'm a little jealous b/c they have some pretty cool apps that Crackberry could never do.it's pretty sad when you're jealous of your own pre-teens and their phones.

Run an ad on craigslist, looking for stay at home moms, teens etc...

I remember it happening to me when I was a teen.

I have single story and two story mutuality families and the ground floor units tend to be more desirable because a lot of people hate going up and down stairs....especially old people and obese people.

I should clarify, that is someone is holding it short term, they could have ordinary rates up to 39.6% plus the medicare surtax 3.8% and state rates up to ~13% = 56.4%Even held long term there could be depreciation recapture taxed up to 25% plus medicare surtax 3.8% and state rates into the teens(13%) = 41.8%  It can add up very quickly.

I have a 1966 VW Microbus which I have hired-out ... along with one long-haired driver ... to teens for Prom night.  

I was hoping it would be in at least in the mid-teens IRR but it would be good to calibrate those expectations with what you typically expect from your build outs?