Totally passive, totally 1031 compliant, decent cash flow for the long haul.

It's not cheap but if the rent is decent, it will be well worth it over the long haul.

Originally posted by @Daniel Toy:@Hayden Hsu I'm from the midwest, and after college I lived in the bay area (san mateo) for a few years but before then had never heard of a home selling for more than asking price.

It is the worst to hear from your landscaper about lawns littered with toys when he comes to mow (MF home). 

I would consider a C neighborhood a place that's not exactly a high crime area, but you wouldn't feel comfortable sending your wife at night to collect the rent.Agree with @Jeff Wallenius and @Kevin Coggins about the stock market providing better cash flow, I'm in it for the long haul and my total returns are still better than what I could realistically expect in the stock market.FYI, here is a screenshot of my most recent deal I've worked on.

Steve MightAwwh Come-on Steve, they're stately old buildings ;-) I've hauled just shy of 3-tonne of lath-n-plaster to the landfill this week ... but energy efficiency will be increased by 50% when I've finished.

I still had my house and 'toys' here.

I had been toying with trying to get a blanket note but don't want all the cash at once cause I only find deals when I find them. you could almost have a waiting list of small investors, yes?

Some investors are sure to make bank over the long haul, but how long?

Then stack them where-ever and out of the way, to be hauled away or in the dumpster at your convenience.