He sells them for tens of thousands a pop and generates revenue of over $1M a year and has no overhead except his electric bill in his basement for the lighting, a part time employee and of course the food.

I added:  Please set me up with my team and don't me a young lightly experienced kids, as that won't be a match for me.Well, first meeting with CPA (no other team members were assigned).

These developments offer the amenities and privacy of single-family homes with the flexibility and affordability of rental properties, filling the “Missing Middle” gap in the market.Another trend that has emerged is the use of light gauge steel construction, which offers durability, efficiency, and cost-effectiveness.

For example, doing some light stuff for a couple of hours on the weekend probably does not qualify. 

So, we tread lightly with these issues but we will enforce them.

. $20k has felt light to me as well, and I love the idea of having an emergency fund for each property I own.

Purchased for $185k and fully renovated the home down to the drywall and installed an A/C, sprinklers and light landscaping for $25K.

We did a light remodel and posted it for sale based on what other comps sold quickly for in 2023.Very little interest so we've continually lowered the price.

Updating light fixtures for enhanced ambiance.

I currently reside in a higher-end condo in Orlando, Florida, and obtaining a mortgage with a sub 3% interest rate was crucial for making it a feasible investment.Allow me to share a personal anecdote that sheds light on the condo buying experience.