That amount could easily eat up your cash flow. 

"Give a man a fish, he eats for a day.

WELL below minimum wage.Last year's Flips - an average of 12 hours a week (time spent riding around looking at houses - deciding where to eat lunch - laughing A LOT - tossing a baseball while we wait for the cleaning lady to finish and the staging lady to start)$583/hourLast years rental income - self managed$5,000/hour@Joe VilleneuveSee....was that so hard?

Here's my reverse 1031 story:I bought my replacement property on 11/27/18, with the EAT as the title holder.My relinquished property was sold on 12/31/18.The EAT assigned its membership interest to me on 1/3/19.For tax purposes, I know that on form 8824 line 6 I report the replacement property as being acquired on 1/3, since it was "parked" from 11/27 til 1/3.

There’s enough wealth for us to all eat!

My favorite type of meetup is just where I can go, eat some food, drink some beer (if you want) and network and talk to people.

@Kyle ReynoldsMy answer is maybeIf you want it as your primary residence (either now or in the future) and can eat the cost, then why not.

How does an investor/landlord with limited capital source labor that doesn't eat up the profits?

Not sure gravel would cut it here but a 20k driveway eats away a lot on an offer.

In the end I can only guess and a bit gamble on expenses that eat the rents away AND then buy accordingly.