My question is how are people getting multiple morgages (like in excess of 4,5, or 6).   

My only caution with laminate is that moisture/water will damage it...so keep away from wet areas.If you do replace with new carpet, make sure there is a clause in your lease requiring the tenants to have the home professionally cleaned when they leave....or there is a charge to do it for them.Hope this helps!

Thanks, but I am not sure how this is "not profitable" when it has a 2 bedroom 2 bathroom Chalet A-frame on the south end with breathtaking views predicted to make 50 K on the low end and 60 K or more on the high end (ROI in excess of 30%).

I saved excessively until I was able to buy a small infill.

3) mirrors with edges blackened due to excess steam in the bathroom?

I havnt seen any water but I am afraid to do anything like carpet until I know if there is moisture.

The government excessively overstimulated the economy and expanded the money supply by $7 trillion creating massive inflation, including housing prices. 

Excess income from a business might make you "truly wealthy" if the business remains profitable and growing.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

I want to be covered, but not over-covered to where we're paying an excessive amount for something that isn't needed.