I am simply preparing myself... and anyone who I would associate with... in the direction of financial freedom....Hence what i am asking here.. without sounding too bit of eccentric or some type of person who tries to outsmart anyone.... 

Hit Bells Brewery (Eccentric Cafe) when in Kalamazoo.

The seller is very eccentric to put it mildly.

My main suggestion would be to find a property management company that knows the eccentricities of the city VERY well.

Every market has little eccentricities of what people like and look for, but I think that the things I laid out above are fairly universal.

And I overestimated for electric but that's fine.The lawyer has been very helpful in sorting out the kinks both with town and with eccentric owner, who was insisting a friend of friend stay in one of structures past the time the students return. 3 months after the closing.

Rent for a decent similar place in the area would be around $800-$1000.Repairs:My Dad was eccentric and I'm certain there are many code violations.

. ;-).I even tried to buy this fixer upper houseboat from the estate of this super eccentric inventor.

. $600 Net income monthly)Step 5: Through a carefully written contract, my partner, the new owner of the house, will hire my corporation as their property manager on an X year term for something like $400/month or potentially some percentage of equity.My benefit now is a nice passive income stream, and perhaps best of all, I will not be limited to the number of houses I can do this on, opposed to putting mortgages under my name with I will cap out on and probably not even get approved because I'm already leveraged out pretty hard.This is the first time I've written down this idea, I've mostly been confusing myself and others around me with eccentric ramblings thus far so I hope it makes sense.

So trust it.The reason to have a long list of what seem like weird, eccentric criteria like mine, is because as long as they are legal criteria (which is anything except for race, religion, etc.) and you have this criteria in writing in case you get sued (I used to email my criteria list to myself when I added something new to it, to prove when it was established), then you can easily deny someone legally.If you have a legal list of criteria, which you can point to, you can act with confidence and without fear.Just remember that you can discriminate for a million and one things.