There's absolutely nothing wrong with that, but it's important for you to realize it, as opposed to thinking you somehow saved $6000...If fixing toilets was really worth $6000 an hour, Donald Trump would be doing that instead of making deals...I'm pretty sure he doesn't see it that way, though...LOL...

@Nick K.There are cases of sponsors putting in little to none of their own capital {Donald Trump comes to mind}, but such folks have a proved track record.

@Donald Morrison 5) Leases end in the warm months, August 31st at the latest.

Quote from @Ash Hegde: Welcome Donald!

I cannot say enough about this place (Sarasota, FL), it is great in so many ways: lots of cultural events, weather, low taxes, growth, real estate investment opportunities, good schools, great weather for flying planes, beach volleyball, SCUBA diving, great food.So, more about me professionally: I read the Art of the Deal by Donald Trump and was immediate hooked on real estate, that was in my late teens to early 20's as I recall.

I've been told by lenders that income trumps cash on hand, so I'm crunching numbers to see if I can "cash purchase" my way into bridging the income gap between my mortgage and required income via the automatic cash flow it would produce.   

Trump likes to keep a financial incentive tied to real estate... also good for Section 8 as long as he doesn't cut funds or reduce the eligibility...My other last item is section 8 properties have a bad reputation for a reason... typically the lower strata on the social economic ladder are rough on their living spaces, so repair costs will be high and you'll have a hard time recouping damages...

@Donald Thomas congrats on the deal!

I think that in a standard recession - maybe not one brought about by Donald Trump running this country into the ground, I hasten to say - cities like Dallas, Tampa, and Phoenix are not at risk for a meltdown.

Covey --- 10Good to Great - Jim Collins --- 8Emerging Real Estate Markets - David Lindahl --- 7Getting Things Done: The Art of Stress-Free Productivity - David Allen --- 7Finding and Funding Great Deals - Anson Young --- 7How I Turned $1,000 Into $5 Million - William Nickerson --- 7Ultimate Beginners Guide to Real Estate Investing - BiggerPockets --- 7What Every Real Estate Investor Needs to Know About Cash Flow… And 36 Other Key Financial Measures - Frank Gallinelli --- 7Building Wealth One House at a Time - John Schaub --- 680/20 Sales and Marketing - Perry Marshall --- 6Lifeonaire - Steve Cook & Shaun McCloskey --- 6Pitch Anything - Oren Klaff --- 6The Snowball - Alice Schroeder --- 6The Art of the Deal - Donald Trump --- 5Never Split the Difference - Chris Voss --- 5The Obstacle Is the Way - Ryan Holiday --- 5Secrets of the Millionaire Mind - T.