But in my experience, the majority of homeowners seeking help are viewed as ATM machines.

The vast majority of new investors fail in a short period of time because they pay too much for their property and lose money.Having said all that, there is good money to be made in real estate.

Be mindful of title seasoning issues specific to the lender you work with; a majority of conventional lenders require 12 months, but there are a handful of cos. that offer <12 months/< 6 months/no title seasoning to address this component of your plan.

The VAST majority of these new investors fail in a short period of time, so again, there is no exercise of the option.

The vast majority of newbies fail in a short period of time.

The building inspector and I agree that no major work needs to be done, expect for adding a "landlord" electric meter, cost ~1500.

None of the major players have really even started yet.

If they ask for advice I will give it freely, but most people have major insecurity issues and I could care less about their ego trip or mine.

This is EXACTLY what causes the vast majority of new landlords to fail in such a short period of time.

The truth is that the vast majority of newbies fail in a short period of time.