Who on earth would want an empty funeral parlor?

Gotta drink a lot of iced tea with a lot of folks around town.   

A typical day: Wake up, do some landlord duties as needed (lately it's salting ice or shoveling snow before work), listen to BP podcasts/check BP on the commute, work 9-5, commute home, take care of more landlord duties (keep a list), gym, sleep, repeat.Variable things: Phone calls to contractors or repairmen, phone calls with tenants, running numbers (new potential deals, new ideas, finances/accounting), reaching out/networking, running reports (credit checks, background checks), talking to lenders, replying to BP posts, attending REI meetings, email property managers, and many moreAll of these things are done early morning, during lunch, or after work ^

In the 3 markets were considering moving to, we'd expect some seasonal fluctuations in demand/pricing elasticity, but overall, would expect to have some relatively healthy occupancy rates year-round (say, 70-80%)Appreciation would be more the icing-on-the-cake than anything, so a properties ability to CASH FLOW is more important to us than the rate with which it may appreciate in value.

If a Dairy Queen opens and becomes a popular place, the town can now charge sales tax on each ice cream cone sold.

And away they go, stomping out into the post melt down, real estate market, and down thru the ice they go!     

If there's anything special about the property, it's history or upside potential for lot development, the demand will surely push the or ice upward. 

Here is my list of tiny renovations and their approximate costs:Add automatic ice maker to the freezer ($100)Upgrade all door handles ($350)Upgrade a few light fixtures ($200)Upgrade doorbell ($30)These are not repairs in the strict sense; the freezer, door handles, light fixtures, and doorbell all work.

Remember these words " cash flow is king" when comes to rental property and appreciation is icing on the cake.

Use a Ice pick..