I'm pretty excited to get this off my back.Before anyone comes at me with how this is not a wise decision given the time value of money and potential compound growth, just know I am completely aware that I could have invested this money at a higher interest rate and "put it to work" rather than paying down my 4.5% loans, but it was more of a freedom from this non asset-based debt that I was wanting to  get rid of. 

But I will see I can get to bring him back to the property as a courtesy but u need to tell me what is missing"His response :"its plumbing line for half and full bath still bowing and the water cannot move easily.

The difference in your bank account balance between paying a property manager 11.67% (10% of gross rents plus 20% lease fee) and managing the property yourself when buying one 20% down rental property (in Northern Colorado) over 40 years is:If you invest the difference in the stock market and could get 8%, the difference becomes:If you're saving for a second purchase, it delays when you can buy that second property which further compounds the effect of property management fees on your overall net worth.And doing the full Nomad investing model, it is pretty significant differences.I am going to write a whole book about the impact on various investing scenarios.

I have done it once and I won... but I also put up 40k and release it too the seller and they would not come to closing  and did not have the money to pay me back.. so I had no choice in the matter.another 2 years and 15k in legal fees and the only reason the legal fee's were that low the seller would never show to court or answer anything .. if the seller bows their back it can get real expensive.

Compound that over 20 or 30 years and factor in that, in the case of a Roth, you will never pay taxes on it.

@Bill F. it uses compounding investments.

They've made friends and love the compound.

Even if market values only increase with the value of inflation (2% compounding), a $185k property should net a $40k gain.I suspect that 25% vacancy is right about break-even for them, assuming the same 8% CapEx and 12% Maintenance and Management costs I used in the other models. 

I figured this would help find any sweet spots from a timing perspective as to when it became more advantageous to buy vs rent.The first section shows what you would gain on your cash investment if it compounded annually at a chosen rate.

Because of the large amount of educational institutions and white-collar professions available in Boston, compounded with a mostly reliable MBTA system, you'll see these attractive tenants having no problem living in areas that will previous C-areas provided that their units are in good shape.