. :)Also, I'd like a closet full of the cutest clothes. ;)

Tenants do not report leaks, let their friends come over for washing cars and doing clothes, etc.If I ever bought a property with landlord paying utility I would make sure my plan could be carried out before I bought the property.

I accounted for replacing the old electrical panels but didn't take a look at the actual wiring, which was outdated cloth wiring and could be a potential fire hazard.

Rather than risking your money and spending hundreds or thousand of hours of your time trying to build a portfolio where you own a bunch of hungry dinosaurs you have to feed and clothe for a few hundred dollars a month you would be better off cleaning tables in a fast food restaurant for a few years with your spare time, save more cash to get into even some small multi-units, earn 500% to 1,000% more on your money with multi-units and save yourself from the grief of having to pay $6,000 to $12,000 to clean, paint and -re-rent a single family home that has minimal returns.YOU HAVE TO LEARN TO DO THE MATH and stop listening to wannabe so-called experts who did one real estate deal and figured out they could make more money by selling their story than they really can with their real estate investing.I see too many amateurs risking their money when they don't have real estate experience, no business skills, nor trade skills.

I try to regularly donate food and clothing to my local salvation army.

I always show up in my work truck  dressed in work clothes . 

I once walked into a bank with my toddler and his bucket of toys wearing painting clothes and asked for a million dollars.

Suddenly, woman and two children walk in thru the side door (corner lot house) with toys & clothes and ask what we're doing in the home they just rented.

@Chase Yokoyama I bought houses the same way I'd buy clothes -- is it well made & a good value.

Renters Insurance really only covers tenant personal possessions.LTR landlords typically require it as just another level of protection to avoid tenant lawsuits when backups, floods, etc. ruin tenant possessions.If you are providing a fully-furnished home, all they are bringing are clothes and personal items.