Turning a garage into a game room will probably pay for itself relatively quick. 

Landlord-Friendly:Tenant laws here are more favorable for landlords compared to more regulated markets like Minneapolis, which could be a game changer for you.3.

@Nikhil MascarenhasDifferent people go different routes depending on their risk tolerance, their amount of equity and compared to other assets owned, how patient they are with a complicated set-up and high legal fees, whether they view the $800 as game-changing or just a cost of doing business, etc. 

Obviously we cannot force the borrower to sign so I said let’s foreclose because I think borrower is playing games.

Is that less desirable than a property with 5 bedrooms with walls, but less convertible entertaining space that could be used for movies, gaming,etc?

Real estate is a long game.

Then, it just becomes a numbers game....

has anyone ever raised their skin in the game for a deal? 

I'm all in but I must admit the whole game does feel a little intimidating, anytime I think I like a property and I think of calling the realtor, I start having self-doubt (that maybe I'm missing something and I'll come off completely stupid).I would like to ask the seasoned investors, how was your experience with your first deal?

Then they can own a property for the best years of the properties life and appreciation is forced through the continued rising construction costReal Estate is a long game not get rich quick.