@Jeff Sechrest I tend to agree - if you’re buying homes in the $2k to $6k range that are already 90%+ depreciated, your payback period on your cash outlay is probably 2 years or so and then you have cashflow until the unit has exhausted all of its value.

If you are planning on adding additional assets in the near future, then go with the higher projected numbers.Keep in mind, in the event of any liability claim (at fault auto accident / someone getting hurt on one of your properties, many more situations) your underlying policy will be 1st in line, then your umbrella will kick in once the underlying policy is exhausted.

I feel the investment climate has changed radically since my last post and wanted to get some advice on the safest places (diversification, I believe, is key) to park the remaining cash that would generate enough passive income to semi-retire (these recent deaths have left me emotionally and physically exhausted and I feel I need a year or two to recover on a beach somewhere).

If the issue is lining a chimney for exhaust for furnace or water heater talk to a good HVAC guy. 

The solution coming out of the GFC in 2009 (massive debt injections), won't work now.. that's exhausted - and the bond markets are telling us this.Here is a link to a recent great podcast by the brilliant Dr.

I am living paycheck to paycheck and have nearly exhausted my cash savings.

Also, just the thought of the double closing and having to explain to a C buyer what is going on, exhausts me.

After exhaustive research and reading on BP, I came to the conclusion that sourcing my own off market properties was the ONLY way, IMO, to make significant money both short and long term and to stay in my local market instead of buying midwest properties that will never appreciate, not to mention the distance issues. lets compare to buying turnkey shall we?  

Exhausting dealing with them already.

Again, I know the spread is pretty close, the house is in good condition, just want to exhaust all options for me to help this woman.