He changed it into high toy rooms more or less and now hes killing it with it.Lot of rich guys like to get away from wife and kids. 

Just going to share yet another ironic observation of mine:To reply, (as the owner of a rental property) having a 3D Virtual Tour with Professional Floor Plans does many things all for the price of one media package:3D Virtual Tours can dramatically increase the efficiency of property management in many ways.For rentals, the marketing media is entirely recyclable.Unlike a home for sale, the same virtual tour, images, and floor plans can be used once a tenant moves out;remote access to information about a property without having to visit the locationtours can be tailored (with tags and image tags) to meet the needs of rental properties, including detailed information about various "hidden" facts, like circut breaker panels & details,  installed appliance details, documented feature conditions (flooring, windows, carpets, walls, lighting fixtures, etc), and more.our tours include an "On-Screen Measurement Tool" that can be used remotely to measure aspects of property elements remotely;Used as an initial step in the SHOWING process:manager can easily SHOW a currently occupied property online without the need to schedule with an existing tennant;can save the manager valuable time if the home doesn't meet the prospects' needs;gives the prospect more information about a rental than still photos;if a prospect reviews the virtual tour and is still interested, you have a more serious prospect;As-Is Property Documentation can be used as evidence in rental conflicts or litigations, especially when it comes to damaged property;We also offer Construction Snapshot Views for rehabs or new construction; the ability for a property manager or contractor to review what is behind the drywall can be critical to making repairs or modifications;Laser-Accurate Measurements, Square Footage calculations, and Professionally Drafted Floor PlansMore than sufficient evidence if you are challenged with a SqFt dispute;Floor Plans make it easier to rent a home because it makes it easier for the prospect to make a decision;As-Built Floor Plans and Measurements are invaluable to any contractor and construction project;Tours can be assembled into a Catalog, essentially giving you a portfolio of properties to present for various reasons;There are more benefits than I can imagine. 

I have toyed with this, but I would be completely new to the landlord side of it.

While I have a passion for investing, my purpose is helping entrepreneurial women live their dream of being a successful business woman.I offer FREE laser coaching via YouTube and my blog.

IMHO, a buy and hold strategy is currently the best and not just because we are laser focused on providing turnkey solutions that help clients build long term wealth using it, but for all the factors that make it a seller's market.We're hosting a networking event that explains our approach on August 16th.

I'm toying with unloading my last property and figuring out what I want to do next.

Cheers to (y)our Real Estate Success!

I live in Orange County CA and after toying with multiple ideas about how best to invest my money I believe I have settled on the idea of attempting to acquire rental property with positive cash flow (probably out of the state of California to get more value)I am a elementary school teacher by trade and I am new to the real estate investment business so I hope that my involvement in the BP community will help to guide and direct me as a newbie looking to start my real estate investing career. 

The following are some considerations I'm toying with:I built my home new and have lived in it for almost 9 years.

I've also toyed with the idea of monthly maid service in the rent.