This is somewhat true...Not every licensed contractor is cut from the same cloth.

You can make minor adjustments based on the type of appliances (dishwasher, clothes washer and dryer, air conditioning, etc.) and the size of the rental.

You can make minor adjustments based on the type of appliances (dishwasher, clothes washer and dryer, air conditioning, etc.) and the size of the rental.

Fancy coffees, clothes, cars, etc do not buy RE.

Not exclusively but most of my clothes are second hand.

As a young adult, I began my own business socked away money for my future (though I saved for med school and had no idea I wanted to invest til later on).Since they are already college-age and have summer-only employment and are looking to invest in the near future, they either need to save money working more hours; forego instant-gratification luxuries (like dining out/new phones/new clothes); or wait a bit longer to invest.

The water alarms are cheap and make a really annoying shrill sound when they go off, but not as loud as a smoke detector.I don't allow my tenants to have their own clothes washer either.

But now I want to hear your ideas about how I, "the inexperienced investor with nothing to bring to the table" can come to a mutually beneficial agreement.One time I rode my bike from Seattle to Boston, only taking a change of clothes and whatever fit in my backpack, sleeping outside without a sleeping bag for most of the trip.

The thing is you can go on and on and on about these rules...Do not strike a match near the gas stove and oven.Do not jump up and down on a bed while the ceiling fan is running.Do not park in your neighbor's designated space.Do transfer or retrieve your clothes from the washer and dryer promptly.Do lock your doors when you leave.Do not leave a burning BBQ grill unattended.Do clean the lint screen on the dryer after use.Do not puke directly into the community waste bin when drunk.When your neighbor's dog drop heat on your door step, please resolve the issue with the neighbor, do not smear such dog poop over his/her door knobs.......This list can be endless though. 

The tub perimeter was quite damp at this level..