However, it is good to visit the area you invest in so you can recommend places to eat, fun things to do, etc.

@Zac BoelkowMight be great, but I sent a long time on a W2 trying to figure out how to have income without the W2.Doesn't the self employed SS and Medicare taxes eat up a lot of you benefit in that set up?

If a parent said yes to everything a child wanted, they would sit on their iPad for 8 hours a day eating candy and never brush their teeth.

This can eat away at your profits. 

I gained probably 10 lbs just eating in NOLA but it was my third time there just this year so I knew where I wanted to go =) 

Maybe work at a large apartment complex in the rental office showing apartments and taking applications.That way you can get to know how to show units, proper safety techniques for yourself during a showing, and standard industry protocol for a lot of other things.And make some friends along the way.Pro Tip: They tend to put fresh cookies out in a lot of places--but staff are not allowed to eat them.

As Rachel can't go 5 minutes without eating, we will have snacks, drinks, and music.

Also be careful that might eat up your profit. 

I had homestead exemption on my first that I will eventually turn over to my new property on January 1st.How do you guys hedge against these increasing tax bills that will be eating at my profits per month?

I have the capital to pay cash for these but it will eat almost all my capital up.