Milwaukee D class is fools gold; most people are not cut out for it.

I don’t do the work on any houses except cut the grass on two rentals that I rent out by the room.

I have done projects where I would have been well served to have an architect (but I cut corners).

Are they taking a cut of the increase in sales price or are they just marking up their renovation services and charging for those?

If you start small you could either get a property manager which cuts into eventual profits, or convince your wife to help out in terms of managing loosely.

People are finally looking at ways to cut back on expenses and exorbitant housing cost is one of the first places that can significantly have an affect on one's budget.  

There was no way I was going to buy 100 of these and take on 20 million of other peoples debt without clear cut back up plan that included instant paying of their mortgage while i worked it out..

Further, you won't need to rely as much on appreciation and rate cuts to improve the cash flow situation.As others have pointed out, you can't overstate peace of mind.

Like had to ask the waiter to cut my steak, did not have the grip strength left in my hand to hold a knife LOL - rideexpeditions.com if anyone is interestedAbout getting old and needing help. 

But if I count that as a lesson learned going forward they do produce a return above savings accounts and bonds so I kept the old policies and surrendered some of the newer ones still in the fee period to cut my losses and free up cash flow for REI.