The reason you get a mortgage is either because you haven't got enough money, or you have better things to do with the money, like buying more properties, or, if you sleep better knowing you have liquid cash reserves, stuffing it in your mattress (not really, in your mattress, but you know what I mean).What if, instead of buying for cash and gaining 10K equity when the house appreciates from 100K to 110K, you buy four houses with mortgages and you gain 40K equity when each appreciates from 100K to 110K.Of course, the inverse, is true. 

Although it was painful and expensive, knowing we got rid of the old wiring helps me sleep at night.- You may want to think about raising the rents anyway, before doing kitchens and bathrooms.

Otherwise let sleeping dogs lie.As far as his concerns about only seeing the worst in people he is 100% correct. 10% of tenants are exactly as he describes. 

well part and parcel of most contracts is marketable title .. this title right now is not marketable if they don't have the money or there is not sufficient equity to pay the liens then its a sale fail.  

Think about the advantage of being on the opposite schedule from America, with a local partner to cover business hours you could utilize the time where your competitors are sleeping, that would be an asset factor in my opinion.Best,

However, always protect yourself with sufficient insurance coverage and good contracts if you're operating as a general partnership/joint venture.

Of course, that also means that my wife hasn't murdered me in my sleep.

This is for Tempe (shows the complexity of this issue): d) Occupancy load; sleeping room.

It "could" have been a coincidence that someone showed up at 8pm and did the deal. but it also was VERY LIKELY that I attracted interest in a deal that had been out there sleeping and I placed a big neon sign right on top....

Sometimes slow and steady is good enough and you can sleep adding one here and there.