The roofs need to be replaced, etc.

The many new startup attempts at mimicking these real estate search engines haven’t appeared to gain much traction.

@Ann Nguyen You can also look to replace your lawns with mulch, rocks, and drought resistant plants to minimize water use and dealing with sprinklers. 

Once we hit our minimum passive income goals (basically W2 salary replacement) through monthly cash flow/real estate then we will re-evaluate and reallocate our savings strategy.

So every 20 years you can replace your roof providing you don't have replace a hot water heater, furnace or carpets or cabinets.

I’d still want a PM shop with a management staff and systems and processes in place, so if someone leaves, another can be trained to replace them.

I just graduated college and started full-time as an engineer, which allows me to save a good amount of money for a down payment.

With bigger unit numbers, you shorten the time to reach your goals.The most important step in this whole process is to put a very specific achievable goal: example, “ I want to make $ X a month to replace my income”.As far as commercial loans: there are two types, recourse and non-recourse.Recourse loans are generally bank loans, that put you personally on the hook.

Now I may need to replace the septic tank.

However, when talking about the renovation done in the property, seems no plumbing or wiring replacement has been done.