That will certainly eat up any time savings you have by purchasing better rentals.

Read the book "Never Eat Alone" to get some good ideas and start putting them into practice.

It's kind of a situation of having your cake and eating it too and I wasn't sure whether it was possible or not.You bring a good point that you have to disclose the information if the tenant does ask you about it.What kind of loan did you get?

But those  house will be old, so even if they cash flow, the upkeep and repairs may eat up the cashflow.or2) Would you buy a couple of houses that will  break even (or may even have some negative cash flow) in a cyclical market (Phoenix, Florida)? 

If you already have a good w2 or business to eat and live on, it's a great long-term play, especially for part-timers. 

This will seriously eat into your potential value after the remodel. 

With that same logic, the dinner you eat today would give you 20k cash after 30 years if you invest today.

Here are a few of the most notable projects in the works that are set to be completed within a few years:Sparkman Wharf: The rendering of the new Sparkman Wharf shows it will be a modern outdoor park space with plenty of shops, outdoor eating areas, and other small attractions.

As soon as you start, though, you're gambling there is no big problem you didn't notice up front and will eat up your profit.And appreciation? 

Work, family, eating, BP.