However, I can’t tell you how many times I have afterwards been grateful for the brakes she applied.

They built a few in Sherman Oaks and then the residents freaked out and put the brakes on what was originally a good plan.

That same house would sell today for over $600K.I thought I'd buy in Houston, but the constant flooding and ground shifting always braked that idea.

Jerry W.I truly understand what you are saying and thank you very much for the argument against my idea of a niche for rentals. my arguments is: 95% of sex offenders will not brake a law again, 85% of sex offenders that did have physical contact knew there victim either direct family member, relative, friend, etc... so 15% was stranger via. a park, beach, internet, etc... those are the statistics that i read and can prove just like the low recidivism rate that i already proven. also not all sex offenders are pedophiles (attraction to pre pubescent children).As I said i would screen the tenant. if someone finished there sentence 5 - 10 years ago and have not committed another crime, I truly think that person would make for a great long term tenant as I'm sure it is very hard for them to find a place to rent.Sure there are pro's and con's to this but using this niche market to rent to i should be able to obtain the top or close to it of the avg. rent in the area.

I need to brake into someones home and in doing so, cut my arm on the glass window in which I broke so I can sue for hundreds of thousands for having unsafe glass on the property.

Don't make fun of me when I say this, but I am currently at the moment not up to dealing with wearing many hats, like dealing with title companies and attorneys to make sure that all contracts are compliant, hiring inspectors to check if there are any hidden issues with the property, making earnest money deposits, getting appraisals, dealing with people who back out of contracts, and sometimes having trouble braking even.If I were to work in a sales agency dealing with fixer uppers, I can have an on-staff transaction coordinator, a little less of the unseen details to deal with, and something that is more straightforward to deal with.

I may be wrong but I think that I came out pretty over zealous in my intro and you've basically told me to pump the brakes and be prepared to learn a lot more lessons and take my time through this journey. 

A couple of years ago I briefly flirted with the idea of going back for a Masters and totally hit the brakes when I saw the tuition prices.In addition to that, we have the retail apocalypse with all these retail giants going under that means thousands of lost jobs.And I can't speak for other markets, but here in Houston, I think the commercial office space world is in a depression or at least a recession. 

It's a little bit like the Google video suggestions: You start out watching how to change your brake pads, three "related" videos later you watch an Airbus landing in a strong cross wind... :)

Brake records, buy 50 homes, make $500,000 in extra income, you have our "BP" permission. :)  The alternative is waiting like I did 35 years giving myself excuse after excuse as why I don't own 1, 3, 7,  20, 50, 250 units.