Ivan,You posted in another topic about an inheritance.I commend you for not going and buying a bunch of crap with it but wanting to invest it.I have seen some friends inherit large sums of money in the past that the grandparents and parents sweat blood and tears for them to have and did without to give them a chance at a better life.The friend was irresponsible and lived "high on the hog" for a few years and is now broker "working for the man".I think what you are underestimating is what it will take to do repairs correctly,the time involved,and how buying incorrectly can wipe out a large chunk of your wealth.Not knowing what kind of existing annual return you are getting on your money is a huge red flag.You have to compare the RETURN versus the RISK when moving money around or allocating a percentage of your portfolio of investments.If you don't you are "shooting in the dark" and might as well take a trip to Vegas and play the slot machines with your money.DON'T talk yourself into something and say "it's not so bad".That is what I am seeing from your posts and is the number one mistake of new investors.

I like getting that money into my pocket before Best Buy or the casinos get it.As far as repairs go, my contract says that I will fix any repairs (unless the tenant causes the damage) and add the cost of the repair to the purchase price.

I've been in hotels where the HVAC only works if you put your key card in a slot, i.e. if you are in the room.

@Amanda Hoening I've been told that 'conventional lenders' will always hold 1 'space or credit slot' for your primary residence.

I still do own my 4 acres in Rohnert park that is right across the street from the new Indian casino and was brought into the city as mixed use residential..

Don't forget to contribute to your favorite animal advocacy and put a few coins in the slots at your local Indian casino, just as a way of giving thanks.

LolYou will be fine if I used the hey you don,t get any cash flow argument that op have posted I would have never bought the 4 acres I own in Rohnert park that is now directly across the street from the casino and is coming into the city as mixed use resi.  

Usually push to get them all in a 1 hour slot but will work the fringes as long as my schedule allows it.  

@Kendall T. well wow, if its a blessing from God you are nuts to even think of selling it.We won our Mustang in the minor den of sin: Atlantic City casino on our way to sin city Las Vegas.  

It's a single pipe, connected to a slotted PBC pipe in the bedding stone under the pool.