On the topic of oil.

Crazy idea... with oil in the 50 buck range... 

Its not perfect (lemons happen) but should avoid $ surprises.On the other and, if you are doing a flip, none of this matters since you don't intend to hold the property long enough for any end-of-life issues to be your problem.Also, bonus points if you take inflation into account.

Bitcoin, gold, oil & gas, the stock market...However they are ALL far more risky than apartments in my opinion. 

I switched to oil and gas and still really enjoy it 10 years later.

But really, I like to put a couple drops of essential oil inside a dust mask to deal with the stench.

So I proactively replaced them at the beginning of summer so my tenants could enjoy new units.Roof = 25-30 yearsHVAC = 4000, 20-30 yearsFlooring = 1500-2000, 10 yearsPlumbing = 4000, 20-30 yearsFixtures = 1000, 10 years (I'm assuming this means all faucets and light fixtures)Water heater = 600, 10-15 yearsAppliances = 400, 5 years (although I'm not a big fan of supplying stove/fridge)Components = 1000, 15-20 yearsStructure = 10000, 30-50 yearsKitchen = 3000, 20-30 yearsWindows = 3500, 30 yearsPaint = 1000, 5-7 yearsLandscaping, 100 per yearOverall, the net is that as long as you are on top of maintenance items, make repairs and proactively replace things (and keep adequate reserves to do so), your $30k house will continue to generate cash flow like a little oil well. 

It has the downsides of being somewhat invested in oil and being vulnerable to hurricanes, but from what I've read both of these downsides are mitigated by Houston having a pretty broad job market nowadays, and buying homes outside of flood zones.

That coupled with the supply chain problems and the Ukraine-Russian war effect upon grain prices and oil prices suggest that we will be in for a bumpy ride for a bit. 

For example, here in Northern NJ, it's common to inspect for in-ground oil tanks during the inspection process.Fourth, the agent needs to provide excellent client service to out of state clients.