Rental Income Powerhouse: Can the property bring in enough rent to cover your costs and leave you with a healthy profit?

Because saying you own multiple “units” is supposed to impress your friends or random strangers on the internet in a way saying I have a healthy mix of stocks and bonds doesn’t.

In terms of mitigating your risk - particularly if you buy a condo - consider a newer building, steel or masonry construction, a unit on Floor 3 or above where Flood insurance wouldn't be necessary, larger buildings where costs are spread amongst more owners, and buildings with a financially healthy HOA (track record of good management, reserves in the budget to cover large capital expenditures, etc).

Since I don't know what I don't know, I rely on these professionals to help keep me educated, organized, and my business healthy. 

For the market to be healthy I think that rates have to remain like this for at least a couple of years...Changes in rates affect the market so much making the industry too volatile.

I have read dozens of books on gardening, farming, composting, soil science and plant chemistry.

Some have good earnings growth, pay consistent dividends, and have very healthy balance sheets.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

I have met with sea wall contractors, done a full home inspection and met with another structural engineer and seawall professional that did an inspection and performed soil density tests around the property.

It's not something someone can fix-this worry they would have about soil contamination affecting themselves and their family and their pets.