I'm in this game for the long haul. 

I've read a few books on the subject (most recently "Getting to Yes") but would love some real life practice.

We got into real estate because my wife kept yelling at me for spending our money on cars and other "toys" haha.

It's a great market to get involved in -- I do a fair amount of flips on Oahu and have been toying with some properties on neighbor islands.

that will be super hard to prove in court, unless the plumber can pull out the toy or the object. 

But then again I am in it for the long haul as a buy and hold guy, CF is my measure having taken all the rest of it it into account.

I was toying with the idea (loosely) of investing in a car wash.  

Over the past 6 years I have inadvertently acquired experience in the real-estate field.USMC veteran - Culinary arts degree - Jack of All trades - Master of none - Located near Charlotte NC --  First, in attempt to own my own business I negotiated a deal with a commercial property owner committing only sweat equity to completely re-haul a near lost cause of a building.

If your a high risk individual (like myself) then I would rather use cash to acquire assets that pay for my toys.

no one here is in disagreement around this basic premise - we'll take that as a given.But, what about consumer debt which buys toys that all of us would consider a liability, such as a bigger house, or a nice new car, but the debt service for which falls upon someone other than you?