Sheetrock taping/compound is days to complete, not done within a 5 hour window alongside the whole rest of the project.I would be very leary on what this guy plans to actually do.

That way it's all package in one payment with a nice pretty bow.

Not to mention the power of compounding interest....Lastly, simply elect for a shorter term when you get the mortgage if you want to pay it off faster.

You do not want to compound your troubles by cleaning the place up and getting it ready for the next tenant, and have this tenant come back and declare they had a 90" TV, designer clothes, etc in the house that you took. 

All of your investments will compound as they grow.

The things to watch out for are walls that are bowing outward or have bricks falling out of them. 

If our lifestyle would not have increased until now we would have double the properties making  money and the compounding effect would allow more financial freedom.

The RehabAll new plumbing, including new master bath through slab in garage conversionAll new electricalMost interior walls are newNew drywall and trim throughoutNew windowsNew roof and guttersRepaired foundation and drainage issuesRemoved/replaced bowed stone wallFull cosmetic rehab with a higher end finish (real hardwoods, quartz, marble, etc)New cedar fence, landscaping and stone bordersNew driveway and demo of existing drivewayAdded exterior door next to new carport location Strengths/WeaknessesAfter 9 months and $155k rehab, we learned some things about ourselves and this business.

Since you will do double the work having 6 - actually, it's just incremental, because there's a baseline of work in owning any rental and extra work is really not compounded, so it's not *really* double - you might as well do less work and have the same money. 

Only appreciation has the compounding effect that creates wealth over time.However, appreciation does not come with the high degree of certainty that comes with cash flow and an investor has be prepared for appreciation simply to not happen or for property values to decrease.