Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

While the city still faces challenges, it’s experiencing revitalization in many areas, and I’ve witnessed significant progress even over just a few years.

Much of it based on defense spending that will likely increase as assets are moved from Colorado to Alabama to include the Space Command HQ.

Insurance doesn't cover anything anymore and we can almost just pay for all damages with the money we spend on it! 

Also, the whole point of hiring a PM is to handle tenant, maintenance, and rent collection, so if your partner isn’t actively managing but just supervising the PM, IMO not worth having a two people essentially looking over the same tasks.Contributing financially for one person and the other having no financial stake raises decision making questions, such as when to sell, how profits will be distributed, etc.

The main issue is that to do the ADU you have to spend so much bringing other items up to code like electrical, plumbing, lighting (windows) and egress.

Spending $15,000 on minor updates in a Hyde Park two-flat could raise the rental unit's value by $300/month.5.

Potential for Over-RelianceWhile guidance is valuable, it’s important to maintain your independence as an investor.

Also, I’ve noticed that the unknowledgeable persons who are most likely to be suckered into spending time and money on these “programs” all have a basic gullibility that leads to them making comments that have remained remarkably consistent over the last 40years.  

And you use a cleaning lady who spends 5 hours to reset the property for the next guest.