@Chris Clothier  the point I was trying to make and maybe it did not come out right.is that with real estate you simply cant have linear growth year in year out for 10 to 15 years.Rents simply will not go up year in year out and appreciation depending on market can swing wildly as we know.So while I understand long term IRR projects I was just saying they are still educated guess's as to what the future will holdand 1000% an investor that is not self managing there returns over time will be directly related to the quality of PM and their interaction with PM allowing the PM to do a good job for them.. sometimes owners are their own worst enemy by not allowing PM to keep their homes in tip top condition.a little off subject but my partner and I when we bought our planes.. that was one thing we agreed on there would be not one dime spared on maintenance and keeping those things in perfect shape.. you can see other pilots buy the same plane skimp on everything because it was legal.. but when you look at our plane that is now 14 years old its pristine.

I'll spare you the reasons why you'll want these, just purchase an inexpensive spare from Amazon. 

I instead take every spare dime we have and buy cash flowing real estate.

If he can't find a job in his profession, he should use his spare time volunteering in the psychology field, like on a suicide hotline.

I’ve gone ahead and grabbed a few MFR books/courses and will slowly work my way through them in my spare time and be better prepared. 

Working a full time job while managing and doing repairs, handling all the paperwork, while working on 2 flips on my spare time, getting up at 6 am and going to sleep at midnight every single day.... if you ever considering being succesful you can not have time to be tired, to me every  day worked is a step more on the ladder to sucess!

That's how you find out about cousin Jimbob who lost his job and is staying in the spare bedroom. 

Does this option spare me and the seller from Philly's transfer taxes?

They each worked for us on a few occasions, when they had spare time and we had work available. 

I currently own a single family house (3 bed 2 bath) in Flint about a mile from where I work; I bought the house using a home loan assistance program through work so I am not allowed to rent out any of the spare bedrooms (due to the contract with my work) for the next five years.