But it does not matter how hard you try to convince someone that all the holes will be patched, the sawdust will be swept up, and that lavender bedroom is going to be the same neutral color as the rest of the house.

Sprinkle in some great appreciation we took advantage of and it snowballed. 

But, many of the rainy days are sprinkles or showers, especially in the spring and fall and even commonly in the rainy winters.

We saw little piles of "sawdust" and dropped wings.  

I don't say that to brag, only that it can be done. 10 random sprinkled about homes is hard.

I had similar goals when I started exploring various crowdfunding and alternative investment options a few years ago (though I also wanted to sprinkle in some more speculative angel/venture investments), and ultimately ended up making investments in more than a dozen different platforms across a fairly wide spectrum of asset classes.To the extent you want to make Real Estate a big piece of the Alternatives portion of your portfolio (and if you're looking for income, then that makes a ton of sense), @Ian Ippolito's site is a fantastic resource to help you with your due diligence.While some flavors of equity crowdfunding may not meet your income goals, there's a growing selection of offerings around business financing like revenue shares, receivables financing, and litigation financing as well that may be worth considering.

Sprinkle in a lot of reading on BP and you'll save a ton of money plus you'll probably gain better knowledge.The offer you've outlined screams caveat emptor (The princple that the buyer alone is responsible for checking the quality and suitability of goods bfore a purchase is made) aka buyer BEWARE!

I would also sprinkle some money management titles in there from Robert Kiyosaki or Dave Ramsey.  

I plan on purchasing a flip this year, and completing 4-6 more next year, then graduating to 2 a month with some rentals sprinkled in for good measure.

In both cases the filters were completely filthy (one of the tenants had the bright idea of cut wood for a shelf in the house so the filter was clogged with sawdust).Some landlords give up attempting to train tenants on something as simple as changing filters (and, admittedly, it's easy to forget to do this) and simply make it a point to stop by monthly for smoke alarm checks and filter changes.Gail