First, I buy my materials at Lowe’s for example on my pro account, I then pay for it with my cc 30 days later, and then pay my cc off in 30 days.

Neighbours very often do not get along with renters and renters will often leverage their position if they find out a unit is illegal.The problem usually arises out of the fact that cellar dwellers are generally low quality tenants and can cause problems that often result in complaints to oficials..  

He gave us the low down on the well and septic and he really hates banks and realtors. 

Best bet would be conventional with maybe as low as 15-20% down.

If so, the additional accounting cost per LLC can be very, very low provided that you are doing the basic bookkeeping yourself and passing off to a CPA at tax time.

Gave great advice and connected me with an inspector who had an eye for flipping and was able to connect me with low cost / high quality subs.

In 2018, these "artists" can be replaced by millennial hipsters that open coffee shops, juice bars, and hot yoga studios in low income areas subsequently causing the area to get increasingly better over time.Has anyone else noticed this trend?

@Sina Simingalam I was thinking maybe I should take a loan out on the money I have invested since the interest rate is low.

Run the numbers.Based on your scenario of $500/month, $6k/yr & an $60k property (low end):1 - It would take you 10 years, if all goes perfect, before you got your money back...and then invest in the next property, where...2 - You would immediately fall behind by another $80k (assuming after 10 years, $60k property now costs $84k), and it would take 6 more years ($7k x 2 properties) to break even again, before you invested in another property (assuming all has gone perfect for 16 straight years now...not going to happen).3 - After the 2nd property is made whole again, you buy your next (3rd) property, and you would immediately fall behind by another $105k (property now costs $105k), and it would take around 5 more years ($7.5k x 3 properties) to break even again, before you invested in another property..Let's take stock of where you would be at this point. 

Currently have 3 fourplexes that cash flow over $1500 each and low mortgage on my dream house. i have an accepted offer on 4019 e calwa fresno ca. the property is 3 separate 2bd houses with garages on 1 APN.