Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.

And if you really want to diversify, invest into multiple replacement properties with the proceeds.

After a couple of years of treading the path to frugality to build this financial runway, I've networked with the greatest people who made this all happen, of course, it took the strength, determination, time, etc to place myself where I am today but, without the mentorship of my two great mentors whom I wish used BiggerPockets so I can mention, I don't believe I would have made it thus far relying on some whimsical dream that this will all pan out accordingly, thank you for everything Greg and Lashawn.In addition, I would like to thank Bigger Pockets for connecting me with the greatest realtor @Stephen Schmitt Who took my dreams and aspirations to the core when we first connected and spoke about my future goals to replace my W2 job for financial freedom. within three months of me deciding to pull the trigger and get pre-approved, we found this killer cash-cow that apprised over purchase price!!! 

They expect us to replace lightbulbs, won't change furnace filters and we also have lawn maintenance issues with them.

It's in the very beginning stages (still talking to the arquitect/engineer firm.

At time of purchase I had a couple of engineers over to look at a couple of things.

You should try to talk to all tenants.A 10 unit retail property will likely require a full PCA from an engineering company, a ALTA survey and a Phase 1 environmental.  

It’s easy to switch it up or add to it or replace it if parts or the whole thing gets damaged.

I recommend establishing a reserve fund for major turnover expenses, capital repairs like a roof replacement, etc.

Otherwise, yes you have to either excavate and repair and replace or run a pipe burst through the line, which is usually as expensive as excavating.