These factors coupled with a fear of long distance ownership has put my dreams on the back burner for a number of years.

You will obviously repair things that are non-functional (bad outlet, stove burner is out, or other things missed during your inspections) but any requests for improvements should be denied.Yes, I will occasionally make an upgrade for a tenant but ONLY after they've lived in the home for a year and proven themselves.

If saving to invest in a multi unit is beyond your vision it may simply be time to buy a home and put investing on the back burner.

If I can't trust what they are saying, its a big fat PASS for me.

I put things on the back burner for a bit because of having small children and not sleeping.

As it sits, $1000/mo on 40K is nice fat 30% cash/cash ($12,000/$40,000), but it's only a 3% cap rate ($12,000/$400,000).

Excuse my fat finger miss spelling.

Even with leaving school i still had a hard time finding work, even being forced to work in the Industrial Field having to go through Temp Services after Temp Services warehouse after warehouse so the Real Estate stuff was on the back burner for me for a little bit simply because my market my Network is so small and it was hard for me to find anybody to join me in doing what i wanted to do.

After all, my personal house had nearly doubled in value since purchasing it a year prior and I was feeling pretty fat about my new-found wealth.

LOL My statement was assuming that you had placed a fat down payment.Please don't take my posts offensively as I do respect the vast experience you share with the community, and do not intend to offend when I share my opinion.