If I understand correctly, the CapEx covers routine maintenance but not major/minor repairs, which is the repairs you were referencing?

Since I discovered the podcast and this site, I’ve been practicing a rigid morning routine, going to local meet-ups, and flooding myself with real estate, marketing, or mindset education wherever I can find it.I am 31 years old, married, have a degree in pharmacy, and spent the last 7 years working in a hospital caring for patients and leading healthcare teams.

If I'm not licensed as a general contractor, can I still do routine maintenance work such as cleaning and mowing the lawn?

And your approach here is novel, I think folks that think like you should head a regulatory group that keeps slumlords at bay...I'm sure you'll get some additions responses, but some of these items should be weighed as routine maintenance vs. useful life.

I have gotten ALTAs as a matter of routine. 

@Cheryl Daniels Good for you for doing a routine inspection.  

As in I can quit claim the white house to you and be legal.... some states are fine with them and use them routinely  Like Mississippi .. other states no Bueno 

When the staff of this place does take people away, the resident believes they're being torn away from the friends they've made on-site, their routines, their cushy living quarters, and being put into a hospital environment to be penetrated by needles and catheters, constantly listening to monitors beeping, checked on cursorily by attendants whose main worries are they they lose continence or might fall and break their bones.Confused?

In preparation for my one year anniversary, I submitted a flyer to the office about a small event celebrating and offering new services (express facials, derma plane and eyebrow waxing). 

@Martin Saenz   I think though you have to break note investing into categories.. not all note investing is the same.you have NPN investing that is wildly different than new orgination note investing.. or investing in a note fundOr like in my Day when I ran my HML company in Oakland doing new origination for builders and fix and flippers.I had 250 clients 50 million under management.. and while we had an occasional bummer  95% of them worked out.those notes for those investor returned 10 to 12% pretty routinely and many times 15%  Late 80s HM rates.and our investor were totally passive.. they entrusted us the broker to do the underwriting etc..so then you get this cool new shinny object called crowdfunding.. and the debt deals they do IE new origination are all note deals.. with varying degree of success.. but totally passive to the investor.