I have one tenant who snuck in a dog (I dont allow dogs) and has not paid their $50 portion in 5 months OR the $45 a month pet payment I added when they snuck the dog in.

having been a Broker for 45 years I am all for paying the commissions  but add on like this not really unless its fully disclosed prior to working with them and we agree on it..

I do enjoy my day job and hope to stay there as long as possible, with the hope of peeling off by 45 (just turned 40 this month) and after that would consider maybe using the cash flow to benefit me a bit. 

I'd get a house with multiple bedrooms (4-5) and you can live for free or even cashflow with the rent you'll receive.

Your biggest issue with 5 bedrooms is that 50% of your income is going towards the mortgage, I do not believe banks would even lend to you with a DTI above 40-45 (mortgage + other debts).

I'm a very conservative investor and may look through a hundred deals a month, and at the end of the year only invest in 4-5.

We charge the resident $45 a month for that so it's not a client charge. 

Hey Jon,very similar paths on this side as well. 45 years old still running a business but we have 18 LTR's and 2 Higher end STRs. 

One theory is that the investors see population increasing in these areas and are willing to deal with the ridiculous local laws This actually isn’t even necessary true, the placest with the biggest per capita housing production or “investment” is in the sunbelt, the expensive cities produce a shockingly low amount of housing, obviously zoning laws play a huge role in that as well, but even when you looking up institutional investment in existing properties it’s mostly in the sunbelt, most people who own big buildings in hcol areas just bought them decades ago when they were much cheaper, even D.C. has has like a 4-5 fold increase in value in some areas in the last 15 or so years.

I'm staying in one outside of Asheville right now and I'm in love with the concept and really considering it on my 45 Acre plot of land