I have a rental property in La Verne that would be perfect for this (complete with ancient clay sewer line due for a replacement).

We had to take an ancient 27" oven out of one of our rentals, and couldn't find a replacement that size.

The client has replaced several of the old uglies and the new units are quiet, perform well, and many tenants are pleased they're not living with "ancient" duct work.  

It isn't easy to get people to say a 1966 Bi-level with ancient plumbing/electric/HVAC is "so beautiful" and "amazing finishes."  

(For anyone reading this,  please don't misunderstand my meaning of that...we know there are many who are starting out with much less...and we greatly applaud you for having the courage to move forward with your aspirations...Tammy and I come from very meager backgrounds and it has taken us many years together ((25 yr anniversary this year)) to get to this point...so moving out of that protective nature (finances that is) is actually fairly difficult for us...her especially ...should've been there 3 years ago with that first property...lol) anyway she was glad to here that from someone other than me...so thank you.I will have to look into the types of investing you mentioned...of course I have read about them and have a general idea...but the inside baseball of those types of investing are Greek  to me at this point. 

OK BP. I'd like your input in this matter.  I've been looking for a foreclosure to flip in Chicago, Currently, my agent and I are attempting to see a foreclosure right now. I'm noticing that whenever it is a really go...

Also I grew up in a house built in the 1800's, so I swore off ancient property long before I could swing a hammer. 

If you do not understand what I mean by this go ask a Greek investor to explain it.

Yes, the regular season is ancient history now, however the Mavs are 10 and 1 in the playoffs since dropping 2 to the Blazers.

Meanwhile she is paying a lot of money in utilities for an ancient heating and cooling system, the floors in her cabinets have nearly rotted out, and the shed outside has what appears to be only particle board for siding.