Oh yeah, he is too busy getting a tee time.

IF termites ate this,,what else have they ate you cant see yet??

It stinks for them, but at the same time, if you let them live there, others will be losing their jobs because you won't be able to pay your bills.In the end, if a customer entered a restaurant and ate a meal at $30 cost each day, then ran out and didn't pay.

Well, in 2012, I got hit with a series of unexpected, back-to-back major expenses related to my primary residence and that ate up a lot of my time, attention and capital to fix.

The compartmentalization works extremely well, our strengths and weaknesses balance each others to a tee, operating agreement spells it all out so there is never any question of who is responsible for what.We are able to accomplish together things that each of us individually would struggle with.

I've owned them both and think that the key issues to look ate are...Maintenance costs....much more yard area to keep up, more roof areas, more windows, more everything!

-That analogy would only hold true if I spent (or to use your analogy, "ate") my profits.

SFR's ate the same but the gap between apartment rent and SFR is greater offering more room for passive income.

Over the course of a year my wife and I fixed it up, rented to friends, ate peanut butter and jelly, did everything we could.

You only make $500 per month, so you just ate up 14.6 months of profit with this one tenant.