What people fail to tell you is that, most of the time, you will need to replace plumbing, furnaces, hot water heaters, electrical issues, new window here, new windows there, ect......

I have some time ...weighing the options...teaching the girls how to fix plumbing....patch holes and install carpet....some martial arts to keep boys OFF of the property....i think 5-7 years of ownership will be good & then sell?

(No electrical, plumbing)Do you prefer carpet or fake wood (pergo, etc)?

We can keep the drywall, plumbing and electrical.

I agree with Tim, as a former Paramedic, I have a rather broad range of experience with all street drugs, On one hand I am a fairly staunch conservative, On the other I can confidently say that I don't believe I have ever ran a ambulance call for either a car accident, domestic violence, or assault where Marijuana was a main contributing factor, I believe it should be intensely regulated at least as much as alcohol if not more, and that street dealers should receive increased sentences and jail time for selling without a license and tax evasion.I think it should have its own tax bracket concurrent with cigarette prices, But I can attest as to thst because your not seeing it, doesnt mean its slowing down or going away, The city I recently moved from is one of the largest producers of meth in the country, and it is only getting worse.

(well, maybe in ten years :oops: ) Brand new carpet, brand new double pane low E windows, doors, etc..Most of the wiring and plumbing is even new.

The kitchens (which are small) need cabinets, counter-tops, sinks, flooring etc...I figured 5k per apartment on low side, and 7-9k on high side if we run into plumbing issues or something unforseen.

moments about being a Landlord... and would love to hear stories/experiences from other self-managing LandlordsMurphy's Law #1Your best tenant will get a job transfer during the worst rental market of the decade.Murphy's Law #2 When a tenant attempts to fix the leaky tap himself, expect to not only replace the tap but the entire plumbing system too.Murphy's Law #3A tenant's uncanny ability to see dirt and damage will be much greater when they move in than when they move out.Murphy's Law #4When a tenant calls and says "Hi, how's it going?"

He told me to call the plumbing co, they might be interested in fixing the violations before his report gets too far.

All thats left that needs to be done is flooring, paint, appliances, furnace, some plumbing, sinks, etc.