I've seen it during pretty bad flooding and the area is very dry so I am quite certain the houses are not at risk. 

Whether those other asset classes are stocks, fast food chains, apartments, dry cleaning companies or 711s is up to the investor. 

@Doug Bryant Doug, flips typically come with more headaches and hair than rentals IMO -  so most people from the start slowly get into the industry. 

TL;DR I dreamt of investing for a long time, moved to the US to do so, hustled to gain knowledge, took action while feeling terrified, and just finished buying a house and placing the first renter.I'm writing to say thank you to the community. 

What if that cash flow dries up for whatever reason is leverage still that inexpensive?  

Or it might be when a contractor gets too far behind on the job and can't make it to the next draw and you refuse to front him more money so he walks off and leaves you high and dry with the property in this state.

Here is the crazy thing, it is leaking only when actively flushing...otherwise the underside of the tank is dry and the tank is full (not a slow leak).

The current owner is looking to off load a property they inherited that is in need of some dry-rot repairs that they are not able to afford.I'm thinking I can use it for AirBnB/Vacation Rentals or a typical buy and hold.

Normally techniques and methods vary, but generally a primer will be applied to the surface and allowed to dry for refinishing the bathtub.

Dry wall is not strong enough to support any weight regardless of the type of anchors used.As for repair, dry wall is very simple to repair, go on line and watch a few videos.