This to me, is a classic example of someone appealing to the greed factor - smoking deal that you just can't pass up, BUT the seller just needs this big *** EMD to make the deal happen.

But, I do love the classic homes as well.

Unfortunately this sounds like a classic renter excuse for paying rent late.

I've been renovating the baths with classic subway tile all around the bathroom.  

I felt like I made the classic newbie investor mistake and jump at anything.

The classic Cardone, "Success is my duty" mindset, combined with the idea that I help no one in life by simply being mediocre, and finally my happiness is only truly found in struggle and challenge, I'm never happy when I'm dormant.

My main goal in real estate is to establish a "passive"(I understand that it's not entirely passive and will most likely be on par with a part time job) flow of income so I don't have to work the classic 9-5 until I die, while also allowing me to have something that could potentially be passed down to my (future) kids. 

Too much of this discussion has been about a fantasy of what eviction is instead of its simple reality.I just get to busy to deal with tenants over the years so I just agree to get them off the phone LOL.. a Classic landlording  Jay style is I get a message from a PM of mine in INDY.. tenant just had a baby its a cold winter.. they cant afford heat and rent.. could I just let the rent go through these 3 coldest months then they will catch up over the course of the lease..

A classic chicken-and-egg scenario.Another thing we saw was about a year after the fire prices floated back down close to pre-fire levels as the panic buying retracted.  

Plus you get tax write offs, capital appreciation, mortgage paydown.The classic return doesn't have to be that great, you are learning about being a landlord, and learning the process.