He would just call up subs, send them out with no plans, no instruction, and turn them loose.

Rooms have been painted, drywall patched & the bathrooms have had the vanities removed.  

Shiller did his PHD at MIT in 60s w fellow student Dr Jeremy Seigel, whose latest edition of Stocks for the Long Run does a deep dive into US inflation, basically we had none from 1809 till 1945, house prices flat, then post WW2, lots of inflation and house prices up, if you remove the inflation, the red line in last chart above, house prices nearly flat again.

Sfh are exempt from rso, does that mean that the first unit will loose its rso protection now that there is only unit in the lot ?

Thanks,Sarah  G'Day Sarah,Congrats on the leap of faith into the wonderful world of real estate investing.Best tip I could give you would be to take your time and soak up as much information on anything and everything real estate.Be it buying locally or out of state, the most important thing is to establish trust and relationships with key people dependent on the strategy you are looking at implementing.Over my career I have witnessed countless of investors getting caught up in online market stats, demographics, charts, etc... only to end up loosing money.As cliche as it mind sound but "Team-work makes the dream work"For example, if you buy the best house, in the best area, on the best street with the best capital growth prospects but your property manager is incompetent or a cheat.

- Remove large tree directly in front of house, grind stump- Trim trees away from roof all around the house.

Said the newb...I just have mine set to specific areas or if there's something I'm focused on for the moment, I'll add and remove as needed.

Don't forget with a MTR you're paying all utilities including internet and yard care/snow removal, where with a LTR the tenant is paying all that. 

I find it absurd that biden admin is trying to remove 1031 exchange.

Well it's a screaming deal if we can get the tax liens reduced or removed.