We have twin girls on the way and would like to start something we can pass down to them in the future while supplementing our income along the way.  

slightly off topic . in Hawaii, while on vacation we heard some loud yelling and and what sounded like a lot of domestic violence happening - I went outside and was trying to determine the location of it and soon another guy joined me who had also heard it - we discovered the room it was coming from and both approached to ask if everything was ok - a big muscle bound guy answered the door sweating and breathing heavy - he said everything was ok and that him and his girl were just having a disagreement -when asked if she was OK - he said yes - then the guy that was with me asked she could please come  outside and confirm to us that she was OK - I was a little taken back by his boldness , but was glad he asked - so she came to the door and confirmed she was OK and didn't need any assistance.

My biggest suggestion that has helped me in the early stages is obviously reading as much as possible but that can be difficult as I have a 2 year old girl.

David and I just had a baby girl on September 16.

If you ever want to flip in Indy I'm your girl I have few wholesale deals

Thank you for your input as a rookie getting into this you say not having to deal with headaches but in reality a vacant apartment is still a headache and a pm who is dishonest and constantly hitting u with inflated repair cost is a headache so even with a pm thier are still headaches.. but I thank you for your input I very much appreciate the education u guys and girls are giving me.

Population 20,000, diverse economy, blue collar retirement area, tons of cash flow deals, 1.8% vacancy rate and dropping (CMHC Apr 2015).I am 36 years old, have a wife and a baby girl, bought my first rental 12 years ago.

Students must live in campus approved housing for freshman and sophomore years, and junior and senior students with scholarships are also required to do so, however juniors and seniors without scholarships tell me they are anxious to live "off campus"Since apartment is one block from university, students can walk to campus, saving them parking permit fees.Additional income could be had by putting in coin laundry, soda/snack machines, and renting out storage units in basement as well as garage space.I have a friend that currently is the maintenance man for the entire university, and he is questioning students as to how much rent they are paying to live off campus currently.OPTIONS:  Rent furnished apartments to 4 students per two bedroom and two in basement unitRent furnished apartments to 4 students per two bedroom and create common area in basement for study/recreationRent all units unfurnishedOption to raise rents by including all furnishings, cable, wifi, cleaning service etc. with them simply paying rent and electric.FINANCINGtax value (not market value) 105,000Taxes $2,200 with no exemptionsProperty currently has a 30K mortgage left of a 55k loan previously taken out to "give first child his half"Owner, due to age is most interested in payments, and leaving remainder to 2nd child for "her half" Owner has expressed the following offer :30K to pay off current mortgage, and 250K to purchase an annuity that would pay $10K/year for his and his daughters lifetime.In its present state, I question whether the property is able to be financed FHA due to condition, though it is a solid building, the maintenance has been deferred.comps on property are practically non existent.MY SITUATION:I have perfect credit, and am about to flip a seasoned home with no mortgage and expect to clear approx. 70K.I am single, steady long term employment, and have no debt.I have a realtors license in inactive status, and have hands on experience with major property improvements.I am a "Dave Ramsey" girl, and debt makes me quiver...  :-)Note: Property is currently in a Life Estate Rev.

I'm a 32 year old mother of four little girls.

Here is the story.A girl rents an apartment in Steven's Square and ends up finding out her apartment has cockroaches a few weeks into living there.