It was an enormous investment of time and energy, and we sold when I simply couldn't make the time for it among the many other things in our lives.

Tile is among the least inhospitable surfaces to multiple drug-resistant organisms/superbugs, and if you work in a hospital or a nursing home, you've seen people die of superbug secondary infections, and you don't want to bring them home to your kids.Medical professionals also tend to put a lot of faith in chlorine bleach.

Though, I'd be weary among the ones who try to do 5 year contracts.

Do not be among the first sheep to flock to the sign-up table. 

Recent article in Dallas business journal states Dallas is among the worst markets for flipping at a paltry 29% gross return on investment for the past quarter.

California has a annual minimum tax of $800.I probably should put together a webinar on this topic if there is enough interest among the BP members.

This was zoned to Coppell schools, among the best in the Metro, and the landlord who owned it let it fall into a little disrepair when the market supported a nicer property.

They are not becoming the authority in their market.. they are just another face among the thousands of other realtors/investors.The absolutely best advice is to start building your network (other agents, title companies, management companies, investors, mortgage brokers etc...).

That is the thing that has always scared me about the whole process.The good news is you can screen all applicants the same in other areas,  so make sure you have credit/civil/criminal (not in seattle)/references criteria that you are comfortable with even if your applicant is fully subsidized.If your particular applicant has $1700ish income on their own they are probably among the stronger sec8 applicants around;  might be worth giving them a shot if the rest of their background check comes back decent.

@Ned Carey Yes I'm finding that to be a common theme among the few books that I have read.