Johnny: Yes, there are 9 apartments, a commercial laundry facility and a potential hair salon that used to be a garage.

Sometimes I think this...especially now since my vacancy is taking a while to rent even though it's a beautiful apt.

I live and work in Orange County in beautiful Southern California.

@Stephen Howardwelcomeback in the early 60's I did a boarding stint @ Guildford Grammar as my father was with Shell Oil (Darwin) & was away a lot.Perth is a beautiful city & I bet RE prices are exponential.This is a great site to begin your quest !!

@Nathaniel DonnellyBuying your dream home is very exciting, especially in such a beautiful city like San Diego.

I've heard there are groups doing this now, but have no idea where.On the contrary, if you have one beautiful mansion among some burnt out and falling down houses with bullets flying, nobody will want to rent or buy.Detroit isn't good for absentee landlords, in my opinion.

The tenant's lease should point this out as well.For normal use, like hair clogs, toilets, gunked-up p-traps through no negligence, the landlord is responsible to maintain (at least in NYC).Also, when drains do clog, make sure the tenants do not attempt DIY solutions such as drain cleaners on their own.

I am currently married to my college sweet heart and we are the proud parents of a beautiful little girl.Real estate investing piqued my interest because of the great mortgage rates that currently exist, relatively low housing prices, and the fact that my dad has owned an investment property for quite a few years.

Newbie lender it will be with a small project so I hoepfully I will get a few less gray hairs.

That house is beautiful!