Plain and simple.  

Once you have 4 properties your finances even out somewhat, and then it starts to be plain sailing.

You have to do the math for 5, 10, 15 and 20 years to see how much you will earn.There was just a recent post where the owner was making a $430 per month positive cash flow and was calculating the cash-on-cash and not the appreciation while the property increased and he earned almost 1300% on his investment plus his positive cash flow.If you can afford the property, afford to make the repairs and the property appreciates by even 3% per year it is most-likely a super good deal in today's market.I just sold about 24 homes in Las Vegas and the home inspectors are so full of b.s it made me sick.

We can discuss further investment or even just plainly go are separate ways.

Even though the owner may get upside down, as long as there's no red ink, he can just sit awaiting yet another RE cycle.If the owner becomes impatient or sick of RE and bails before the recovery, then MFs may be more affordable but will be scooped up just as they are today.

I'm not sure how off I am on this estimate for a plain jane garage with living space.

These were large, but plain, and were not all that expensive to build, and people were paying stupid amounts for them, because they thought the market would increase forever.

After a while you get worn down (I actually got sick for 2 months with a version of Mono) so you need to be smart but time management is a skill most people lack.

A lot of it requires plain old hard work and patience.

So my neighbor is really sick and it doesn’t look like he’s going to make it.