But from pure wealth building perspective, I think the math is pretty simple.If you really can not find any other investments which can return much higher than 6~8%, WL may be not a bad choice.

@Matthew GentileMy strength is as the strength of ten because my heart is pure.

So many people try to convert a property they originally never considered as a pure investment property into an investment property.  

I agree just to move for purely cash flow reasons doesn't make sense in the short term. 

From a purely water reduction perspective, a low-flow, dual flush (0.8/1.28 gallon) or single flush 1.28 gallon toilet if you don't think your tenants can master the dual, will save you the most ... especially if you are removing old 5-gallon/flush toilets.

I would have lessons with his daughter after school, while he would be in the next room of their very nice home drinking, watching sports, and throwing things at the TV.

At what point can you go to pure self employment from other sources of income?

That's without any major rehab, just pure market rents in a livable condition.     

In the Dominican Republic we are not experts in ham or cheese but if something stands out from other countries it is our mixed indigenous, European and African cuisine, they are a rum manufacturer, Mabi de behuco Indian is a typical Dominican drink, mamajuana, banana mangu green, sancocho and other dishes.

Someday when I'm as Baller as you, I hope to meet you and buy you a drink.