GeorgeBad idea period; A new car is the worst investment that can be made, you’ll end up with payments on something that does not produce money, but cost money, then the value of said car will drop dramatically and by the time you get done paying it off, it’ll be worthless, you could have used that money to start investing.Buy a beater for cash, save every penny you can by not buying shinning things that “DO NOT PRODUCE MONEY”.

To show me consistent returns over a 5 year period.  

In that contract there will be a period of time for you to do your inspections, due dilligence, etc.

I had a leak in my bathroom, and didn't notice for quite a while because the water went UNDER the vinyl and wasn't noticeable for a period of time.

To my understanding, the main stream of income generally comes from leasing it out to a single tenant for an extended period of time.My question is, instead of leasing directly to a tenant, would an owner of an investment property consider selling their rental rights for a fixed amount to a short-term rental manager?

Understandable that it is tough with a young kid but checked into Marriot and even deducted food expenses saying they couldnt cook* Professional carpet cleaning at lease extensionand .......many more incl things I said No toAt the end of the day, I could have lost an extra $100 per month (~5% of monthly rent) net over a 4 year period doing this extra perks and dealing with the annoyance, at which point I decided to go to a PM company.I let this continue for this long as we are not local and they pay rent promptly and I was saving on not using a PM.

And you know that someone like me with my financial calculator can calculate your monthly payment (above the minimum) on a "30 year" loan to pay it off in whatever period you wish, such as 22 years, right? 

What would you specifically look for during the study period other than soil, utilities, hookups, zoning, master plan and HOW LONG would you make the study period on a lot?

Tony and his friend Bill Swift have periodically hosted an REIA at the Holiday Inn and attract some great speakers.

If you live in part of it for two out the previous 5 year period  you will be able to take out the gain from the allocation of the portion you lived in (up to 250K if single or 500K if married) tax free!.