I plan on building the majority of my wealth through domestic investment here in the US, with some international diversification of course, and I want to know some more of Rich's (and others) favorite tax secrets since that is one of his biggest hindrances to creating wealth.

If you do any plumbing work, make an effort to leave little pieces of PEX pipe around the trash area, or outside near the entrances.

I'd be sure to inspect all the little areas where anything could be hiding, also I lift up the furniture (checking the floor and carpet), and always look under the sinks and check the plumbing.

Although, I can do my own plumbing, I hire one to do the work.

Plumbing/Home on a SlabIt was something I hadn't even thought about.

Home Depot, and Lowes, reading books to understand the basics of tiling, drywalling, framing, HVAC, plumbing, and electrical before you get into a rehab should be a must.

Just make sure you hit studs and not electrical or plumbing lines.

But I'd certainly rather not kick up my feet and do nothing.As for your second point, I have already spent thousands of dollars fixing the plumbing, electrical, and updating the finishes like paint because it was all deferred by the previous owner.

If it's plumbed for W/Ds I'd let the tenants just do their own.

I have some experience in remodeling and use a number of plumbing, electrical and construction materials sources to find what I need.