Just think of the money you can make by doing comps on a friday night instead of going to walmart at 3am to goof around in the toy section like others do in our age group when they are bored?

I began toying with the idea that now its time to do something and it seemed that the housing market had some what stabilized and appeared to be on the slow creep upwards.

I had toyed with the idea of creating my own real estate management company for many years and finally took the plunge last fall.I currently manage mostly vacation(absentee owners) properties and high end single family rentals although I only have a handful of properties under management.

His stance is that you buy enough investment properties and/or build a business that provides enough income to fund having a "toy" like your own home.Sorry for the rant, but I have to say I agree with all 3 of them after years of looking deeper into it.

They may have too much stuff and not know how to get rid of it (you offer for them to leave everything they don't want and you will trash haul it).

I mowed the yard, fixed water and sewer lines, put a new roof on one, hauled countless loads of junk off, put some paint on, and was able to sell one for a $10K profit after only 2 months. 

I personally don't see how the math works over the long haul.  

I mean, really, you can't move the kids' toys out of the living room, or remove the 2-liter bottle of soda sitting on the kitchen counter before you take a pic?

The property is a duplex with tenants in each so this is really just a matter of "will these savings make a difference over the long haul?"  

Good for the long haul, but it'll take a little while to recoup that investment.