Then you take over the payments of their current mortgage and the headaches of the termites, toilets, and tenants and they just get a nice fat check every month.

Generally, we buy small to medium companies, create synergies between existing investments and partnerships, restructure management teams, cut the fat and then either spin them off or hold for income.

You know that pigs gets fat while hogs get slaughtered.

Leave some fat on the numbers and if the appraisal comes in a bit low on the ARV, you still have a good chance of getting the financing.   

I have it running on the back burner and will get a random sell here and there lol.

If the CEO says they will have $x of EPS and the profit centers miss some tgts, its not hard to envision a situation where they look to trim costs, risk being an attractive area since humans tend to miss weight fat tailed risk, especially in light of quantifiable certainty. 2.

In my area they have inspections every so often (and before move-in of a new tenant) and occasionally they'll find a burner out or a floor heater not working - stuff the tenant wouldn't have mentioned otherwise - and you fix that up.

Once you trim the fat off of the typical north American life you can reach your goals much more quickly.

I'll keep it on the back burner.

@Mike Schoonover you are way WAY over thinking this, and forgetting; pigs get fat while hogs get slaughtered.