Because of this my thought is:  If you can spare losing money every month for a while before the property appreciates to the point where you finally cash flow and build great equity, then maybe go for it.  

Would just like to say as a long time reader of this site, that this place is by far some of the most informative and compacted real estate knowledge I've run across to date.

Like you said, there's no law against renting out a spare bedroom so you should be able to rent out a separate space that has it's own entrance.

While they were there getting the crib parts they removed a ceiling fan (they claim they put it up; there was a spare light fixture so I mostly believe them) and at some point left a gift one of the toilets (I had already been by to turn the water off because it sounded like that one was leaking) that I did not discover until after I had replaced the leaking valve in the tank. 

In my spare time I do web design, so let me know if you have any questions.

Hill*(4) Donald Trump Books*(2) Getting Things Done by Robert or David Allen*(2) The Ultimate Beginner’s Guide to Real Estate Investing by BiggerPockets*(2) How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson*(2) The Art of the Deal by Donald Trump*(2) Cash Flow Quadrant by Robert Kiyosaki*(2) The Millionaire Next Door by Thomas J.

I don't have TV at home, and during my spare time, whenever I have one, I read.

:1) Uber/Lyft2) Side contracting/handyman work3) Airbnb spare room?

welcome to BP @George Laboyin your spare time go out and ride your farm area and learn the market,learn how to market to the sellers that need to sell by doing direct mail marketing,go talk with realtos,lawyers,a good cpa,then go to your local REI meetups in your area good luck

I have a full time job so I'm only doing this on the side right now but I'm focusing a lot of my spare time to real estate.