You anticipate that the winners provide much more profit than the losers, and you end up with a portfolio that produces a double digit return + a “salary” for your active participation over time. 

Like others have mentioned, there’s appreciation, depreciation, leverage, and tax benefits that produce a compelling risk adjusted return. 

back then, it was not whether you would make a lot of money as mych as if there was a different purchase that would produce a better return.  

@Elijah Berg Elijah, that’s incredible—you’re crushing it at 20!

It should be producing far better return than the passive s&p to justify the effort.Good luck

There is a case for buying well-located solid assets that produce immediate current cash flow at reasonable leverage. 

Are you taxed on the net or the gross income produced as a non-resident ?

That’s an incredible deal—congratulations on securing 100% seller financing!

Roof white owned all hispanic.. hvac white owned white workers. dry wall  white owned all hispanic  insulation white owned all hispanic.. flat work hispanic owned all  hispanic workers,  floors and tile  Eastern block owned Eastern block workers speak no english do incredible work.

They do an inspection, look for potential costs with repairs and produce a final report.