Environmental: As a corollary to point 2 above, when Tenants pay their own way, they use MUCH less.

Unless I come across another favorable style of investing in RE on this site.Thanks!

I personally like wooden clapboard like they use on craftsman style homes.

Additionally because property value is low in this market, cash flow profit margins tend to be higher the normal and can be utilized to help the investor achieve the life style change faster.

I was going to raise it , but it is 6 inches from the driveway , it would either get hit or run over and crushed , It is the old style , a steel pipe with whats called a sanitary seal ( a big rubber plug in the 4 in steel with a compression fitting for the pipe no worries about contamination ) .

I know people who do rentals there for the cashflow, but it isn't my style.

Beyond understanding the financials, seasonal issues and markets, you need to understand environmental issues, the liabilities that may arise.

It's just one more way that the horse racing track is trying to prop up a business model that's going out of style fast.

Federal law puts any deeded owner on the hook for any environmental damage and cleanup even before your ownership.

Another great resource are the podcasts which will give GREAT tips and advice on all the different styles availible to you.