If you don't have much money, then invest your time and energy.Putting a second mortgage on your home to buy a turnkey property is a horrible idea.

Being from Phila, I can tell you that this can be a great or horrible market to invest in - all depends on LOCATION!

You need a new property manager tomorrow.  1) They did a horrible job of screening tenants.

. $20K in reserves isn't a lot if something goes horribly wrong and there are damages if you default and he takes the property back.

They recommended a horrible property manager, who placed a tenant that I had to evict. 

Bitcoin is a pimple on the dimple on the *** of an ant in the financial world.

That's not horrible.2.

If you invest heavily into building a portfolio of these and then something happens that downsizes/closes the shipyard, things could go from great to horrible very quickly.

So far, I've only had one tenant leave (in addition to the horrible one that I refused to renew) and that was because she started making enough money that Section 8 was no longer contributing anything.  

Even though landlord-tenant laws are horrible for landlords, which translates into more risk and a higher cost of doing business, resulting in higher rents, which is where we come full circle..Glad to see a little common sense come back with the new prop36 smash&grab laws