On the high end, the demise of film is affecting movie makers.

The rich in waterfront homes tend to have newer properties that meet current FEMA standards while those in sub $100k homes in coastal areas (but not on the water) or anywhere near a river, stream or large puddle are seeing huge bills (I've seen some properties hit with $20k premiums on <$100k properties).

The phase one is checking for contaminants (not mold) at the property, connecting properties, and around the localized area to the subject property where contaminants could go down stream.

If they do that, they transition from investor, or building towards being an investor, to small business owner and being their own boss/employee.The advantage of being an investor, a real investor, is you are able to establish multiple streams of independent income and the investment income requires oversight and monitoring but no active day to day work IN the business.

But anything above that amount you couldn't reasonably ask them to pay so you'd make sure it was taken care of.If you're not familiar with these books three of them are:"How to create multiple Streams Of Income buying homes in nice areas with nothing down""Making big money investing in real estate without tenants, banks or rehab projects""Making big money investing in foreclosures without cash or credit"Being that you're already using the LO strategy I think you'll love these.

My goal is to have rental properties for a regular income stream, hopefully enough to retire on.

This is off topic from real estate…but, I was wondering if anyone has successfully canceled their cable completely and ONLY use Hulu, Netflix or Amazon online streaming?

Constant stream of income, higher selling price, no managing the property, tax incentives, etc?

They were the Mcdonalds of movie rental.

Based on the stream of questions around the topic from you, perhaps this is not the deal to cut your teeth on trying to learn about paper.