The time off work, travel costs, getting inspections, etc isn't cheap. 

There is not enough spread in this house as a flip.It’s the holiday season so some investors are traveling or on vacation (yes investors take vacations too).I was prepared and reacted quickly.

Later I found out he had a habit of getting very high on drugs and was also wanted by law enforcement for a strangulation charge he fled from in another county .

Some of these carriers are Guard, Travelers, Safeco, Mercury, Proper, AEGIS and Foremost.

I'm 41 and wife is 40.We started in real estate in 2011.Now we have 10 units.For those who think only low income 9-5ers should be doing this,Know that I'm a physician and my wife is an RN.We have a decent W2 household income.But physician hours are long and life is worse than a 9-5.We plan to retire by 50 and just travel the world.

There is an article this morning at finance.yahoo.com telling about the post office plans to reduce delivery to individual locations.I would also learn about the paying habits of the government prior to running the final numbers.

Watch "Hotel Impossible" on the Travel Channel to get an idea of the issues you will face.Like apartments, the idea is to find a property that has been mismanaged and has deferred maintenance that is charging below market rates with low occupancies in a fairly decent area with good market drivers.

Looking for stability and avoiding bad habits.

I refinanced into a 2.75% 15 year loan to get rid of PMI but it increased my payments slight from the 30 yr FHA.I have a bad habit that I am on the way to crushing of eating out for lunch 5 days a week. 

People are creatures of habit and it sounds like they have a lot of bad habits.