The beauty of the liability policy is that is will also pay all defense costs, which can get very costly, so best to put that expense on the insurance company. 

Also, there are a ton of buildings that are super-overbuilt for the area and marketed/sold to out of state buyers with unicorn-esque numbers and beautiful finishes that WOW you and make you think its such a great deal. 

The beauty of Seller financing is that you are not limited by convention, but rather are limited to what you can negotiate.

I'm looking to buy my first rental property. My target is to find 3/2 (or bigger) homes in B-/B+ neighborhoods. I think I can find some in the $35-$45k range and Craigslist indicates that rent would be in the $700-$90...

They have 33 (I think) different cabinet sizes, so you'll have to make them work, but my kitchen looks beautiful, if I do say so myself.Installing cabinets is NOT hard at all.

However, for somebody that has a good portfolio and wants to simplify I would argue that refinancing and reinvesting is not necessarily the ideal approach given the stresses that it can incur.Again, this is coming from a place of ignorance since I am fairly new to investing but I think the beauty of real estate is that you can make it as complicated or simple as you like and tailor your investment to your vision for your lifestyle so perhaps the one approach fits all mentality is what I am against.

Both have the same cycle, but time plays a factor.Terry Beautiful drawing!

1) vent frustrations 2) listen to feedback 3) send reasonable and thoughtfully worded response to tenantWhat a beautiful place BP is

Maybe a small beauty parlor, nail salon, art studio, music lessons, or specialty sales books, clothing but it is anout what the area would support, what's missing.

It was beautiful when he finished.