I pull the eviction trigger pretty quick so tops 60 days.

It was an income source that didn’t require them to work and never dried up.The wheels in my mind began to turn.

Life Company Carveouts basically say that if you file for bankruptcy, commit fraud or misrepresentation, or have an environmental issue, the recourse is triggered.

In summary, I think the presidential election will be relatively insignificant compared to the "fiscal cliff" and the end of this year will play out like the scene in Blazing Saddles where the sheriff puts his gun to his head and threatens to pull the trigger.

I'm just wondering how far you want to scale up and at what point do you want to hire more out and automize. hey william,all good questions. i have not read that book, but i will see if my library has it. i actually do not have a monster day job, just a worker bee engineer without any dreams to climb the corporate ladder.i do not have a rentals limit, i just whatever fits my criteria and my style. by style, i mean, the house needs to have a curb appeal and be in the right area. there are TONS of houses i passed on because they were either "ugly, weird layout, or in an area that wont attract the tenants i target. if i have the money at the moment, if i like the house and if my crew is running low on "projects", i just get it. i have been holding a few houses for the past 8-9 months just vacant in case the market dries up and i need a large project to work on.I have not much work on the houses for awhile. i still help out if i have a few hrs off here and there, but my crew keeps me in check by working only 8-5 and no weekends. so it's easy to just check on the project when they are not there and since they are not there to work, i just leave. i have a good team now, but do not have anyone that can oversee everything like i do. maybe it's because it's all mine and i know it inside/out, but no one will care for it as much as i care and know everything about it. i have spreadsheets that show purchase price, move in, move out, any changes in rent, if they have dogs, what insurance i use, when's the garbage day, what appliances came with which house, water payments for the year, furnace filter size, etc, etc... i update those as the "issues" happen. no one can do a good job unless i pay them a lot of money.my current payroll is ~120k per year, all sustained by the business.i think about quitting my day job often, and i certainly do not need it. but it's easy money, and the biggest fear i have is rentals drying up, like they have been. then what am i going to do?

Looks about ready to start getting some dry wall up and floors laid.

Eventually you have to pull the trigger and put the thing out there, whatever it is.

Needs a full drywall gut, electric plus brought up to code to get any permits I am sure as the electrical box needs to be replaced.Nightmare scenario really.At $10k, if the title was clear and it was just a gut, I would have pulled the trigger and had a $10k learning experience, but not with all of the attached drama :)

Are you looking for someone semi dry in CA?

I see a ton of people get so wrapped up in learning that they become afraid of not knowing everything they need to know and they never actually pull the trigger on a deal.