If you're keen to grow a real estate portfolio, don't be so quick to decide to sell, just to extract your precious capital.I'm an engineer by background.

These are peoples vacations, so time is precious to them. 

Thank you all, I have asked questions before and received very precious answers from you.

It's fools gold and a waste of precious life time.

Our cottage is not a generic space solely designed for renting out - we picked out everything in it because we loved it, and nothing in it is particularly expensive (all our art and a number of other pieces are flea market finds and anything precious is locked up in the owner's closet for our use) - but I have sometimes struggled to remind myself over the years that these guests are paying down our mortgage and the things they have damaged can be replaced.

I meet precious few born-and-bred local investors in the area that ask themselves what's going to happen to the area after all the old people die (Pittsburgh is the oldest Metropolitan Stastistical Area in the USA) and geriatric health care ceases to be the main employer here.

Precious metals to protect wealth. 401k only with a company match to buy more real estate cashflow and more precious metals.

@Precious Thompson How much would it cost to have a GC walk through with you?

That investor sold it to your friend on some Subject To type of deal.Searching the previous owner’s name in the Official Records search on the county Clerk of Court site will show precious mortgages that still exist.If you want some help, post the relevant info here.....property address and your friend’s name, or send it to me in a direct message.  

Handymen are the hardest to find, and most precious commodity in our business!