I will tell you I think they are mostly broke fools who've been separated from their money by snake oil salesmen who've told them easy money stories and sold them lists of "motivated sellers".

Cheapest so far has been $8k, purchased from a very unpleasant owner and an unscrupulous agent and fellow investor attempted to snake me on the deal.

Thunder up!

Slapped my friends and relatives in the head who complained that they did not want to partner with me to buy more NYC properties because they didn't want to fix toilets in the middle of the night.20 years later and I'm vastly wealthier than they are, to their regret.Had I pushed the issue with physical violence, maybe they would have listened.Incidentally, I hire a service for $50 to snake out a toilet, even if it's in the middle of the night.

When you set aside funds for maintenance, you need to actually know what it costs to replace a water heater or change the locks or snake the sewer line.

It is well-worth the cost and I think I pay $600 per month and if I get sued I have to pay the first $25,000, but when I was sued without having EPLI insurance I was visioning my ex-employees owning my apartment buildings and I lost 30 pounds because I would get up every night at 1 am and work all night putting documents together.The worse and most-aggravating thing about the Civil Lawsuits is my employees sign three documents every week acknowledging that they took all their breaks and my employees enter the number of hours they work every day on their time cards in their own handwriting and not one of the employees who worked for my company worked overtime and every employee signs a legal Wage Earning Statement every week, but the attorneys still file the Civil Lawsuit and they don't care who is right or wrong because they know that I will pay money to make the cases go away.So, if you want to expand, then make sure you create documents your employees sign every week stating that they acknowledge that they are entitled to the 10-minute uninterrupted, 1-hour uninterrupted lunch breaks and make sure they sign stating they took their breaks, create two copied of Wage Earning Statements, make sure your employees sign one copy and check to make sure your Wage Earning Statements cover everything they are supposed to cover e.g. tracking overtime, tracking vacation time allowed and vacation time used, etc.You never know what employee will sue you and if an employee is seriously injured I am the first person who wants to make sure that employee is 100% covered by workers comp, is covered for disability and I want to back that employee up like he is my own child, but even when an employee is covered by insurance many employees are snakes and they turn against you and many employees are seriously injured and their lives are upside down.

At the risk of stealing some thunder from far more experienced and smarter investors, have you looked in Boulder?  

Do your homework thought, there's a lot of snake oil being sold.  

You can use a drain snake and unclog it yourself shouldn't take more than an hour.

You probably could of used a small snake to clear the drain.