The definition, like so many other words, has been replaced with what was that of desire. 

The current owner has to dig the floor out and replace the floor to meet spec.  

Some questions I have.1) Do you make enough from your houses that you can not only replace your income but also make enough that you can continue investing in real estate?

If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.

You technically do not have to replace the mortgage. 

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

It has since been replaced with a regular shingled roof because of the noise.

Years ago when I started buying rentals I had some "interesting" experiences with cash tenants and I decided that in (Tenant Friendly Bay Area of) California when I had a cash tenant move out, I would only replace them with a Section 8 tenant.

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

The bathroom and kitchen were replaced.