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Collecting the rent? 

Two people (one measuring and one drawing) using a combination of laser tapes and conventional tapes can measure a conventional 2000sqft house in maybe an hour or two max with less error than using an extension tape alone.

My wife has a better career, has a higher salary than I do , well over 100k annually and we collectively have roughly 800k in retirement accounts 401ks and stocks.

Find out what areas are good to invest in, that can collect the most rent and the crime rate for different areas. look for convenience, sub-way, bus, train, schools, even hospitals ( some people like to live close plus you may get Dr's and Nurses). here is a link that can help if you haven't gone to it yet: http://www.biggerpockets.com/renewsblog/2014/12/26/demographicstelling-real-estate-indicator-analyze-investing/

 @Scott Trench: investors get a chance to earn stable, decently high returns - with limited downside in the case of well-collateralized land or development projects.Just my observations of the industry so far.So am I to assume that all the participants of a particular CROWD FUND deal hold a collective 1st position?

But there's not $300/mo. cash flow....you've got tax and insurance, and you will have repairs, capex and vacancy/collection loss at some point.

When it comes to rooms in the house like a bathroom or basement, where they typically collect more water, it becomes even more important to make sure that the job is done properly.

You can collect rent right away, hopefully enough to cover your payment.

Has extensive multi unit experience.