I always am amazed when someone selling a $600,000 house brings me a listing agreement where they agreed to pay a stranger $30,000 to list their house for sale and they didn't even read the agreement much less spend the $250 to have a lawyer tell them that yes, if they sell it to their cousin during the listing period they still have to pay the $30k.

For most people a house hack is a great start. 

Most old houses it is about 4 ft at the perimeter of the room, maybe less. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $165,000

Cash invested: $20,000

I bought a duplex in Racine that needed a lot of cosmetic upgrades. Both uni...

Truly Passive: No management, no tenants, no repairs, just consistent income.3.

I'm in a unique situation in that my uncle has "given" me his old house after he relocated to be closer to his siblings.  

Can you buy a house and be within reason of what your current rent? 

If you buy a house, you have to care for it.

Especially, after the storms and the loss of the projected income and they have no way to repair or replace everything that was lost.  

They should have also gotten approval from you before charging and doing repairs.