My investing mantra, after seeing some success and wanting to cautiously build up real estate cash flow are the following 3 quotes. 1.

And if you'll get discouraged by waiting to save up more money and won't end up doing anything, then definitely buy something now, get the ball rolling and build up again from that.

Stick with the same lender so you can cross collateralize your equity buildup without selling.2.  

Just very annoying each year.The bottom line on these homes is cash flow and equity build up and section 8 keeps that money flowing with incentives to make sure it stays that way so I'll deal with the rest to get my cash.

That way we get eyes on everything and things don't build up making that final clean far more expensive than we anticipated or budgeted for.

The initial goal was to find these properties for flippers or builders and then build up my future pipeline of "listing back" opportunities. 

However, your pictures aslo show why these installations must be done appropriately to prevent water build up and eventual damage that must be repaired. 

@Allan Pan, I understand it takes time to build up a following and name recognition, but I think it is possible.  

I took me 10 years to build up the consistent cashflow that I needed to live the lifestyle I wanted and quit my day job as an engineer.

The large cast iron main stacks can be salvaged in many houses but be careful when working on them and check for internal clogs as they tend to build up rust and sediments over time.