If DR is right, here's a question to you BP Nation:Has anyone, here on BP, who earned $40K/yr in their job, accumulated 20 properties free and clear in a short span of time (say under 5 years)?

I have a small sample size for what its worth.Rent for my C class location has not changed in 4 years (one tenant turnover + 2 lease renewals so far).For my township school rentals rent has gone from $840 to $860 to $880 and another from $1050 to $1060 to $1080 currently (over 4 year span).

Usually you cant ding a tenant for full replacement value for damaged items unless they are brand new - in general you can only charge repair if the item is still in its useful life span. 

That's 20 units cash flowing $150/month, which I think is feasible within the span of 10 years or less.Additionally, I am growing tired of the corporate attitude.

We bought the property knowing the deck was at the end of its life span, and that time has come. 

To fend of the "We grew up with it and we're fine." argument; It is becoming more and more of an issue as the paint reaches the end of it's life span and deteriorates and chalks up or cracks and falls off.

In Taz's study, which spanned the USA AND different rent levels, EVERY SINGLE CATEGORY OF RENTALS IN EVERY LOCATION had expenses in the 45% to 50% range.

If they still give your problems after explaining on what you are doing than screw them they aren't motivated and move on to the next deal.This has saved me for the last few weeks time and problems because I have bought 2 printers with scanners in a span of 3 months but both don't print which left me with a problem.

Ha HaFor nicer rentals, you should have nicer countertops and you also have to consider the life span of the countertop you choose.

It looks like it will happen though.https://www.ncdot.gov/projects...https://www.gastongazette.com/...By Michael Barrett Gazette staff @GazetteMikePosted May 18, 2019 at 10:50 AMUpdated Jun 18, 2019 at 2:23 PM For many Gaston County residents, the relief of knowing that Interstate 85 will be widened soon is tempered by anxiety over what it will be like to live through that growing pain for several years.Officials with the North Carolina Department of Transportation say steps will be taken to minimize congestion that results from the massive construction project, which will span 10 miles from N.C. 273 in Belmont to U.S. 321 in Gastonia.