I also found out that when we reconnected the 3rd floor bathroom and I went to use the refinished clawfoot tub that the old iron waste stack had a huge 2 ft long crack in it and the elbow going down to the basement had about a softball size hole in the outside corner.

The rehab, especially for newbies, finds that it's not so easy, as cheap, is more time consuming and a financial drain, the solution is often moving in. 3.

Ironically im watching an anime right now called durara.

And we need to iron out the details when it comes to taxes, expenses, rights, etc, so meeting with an attorney and accountant look like what we need to do.

Front porch will need a hand railing and paint iron railings.Front storm door needs replaced.Electric is in good shape.

Here are some of my favoritesBigger Pockets - truly the best RE podcasts out therePlanet Money - general economics podcastThis American Life - variety of storiesRFI Journal en Francais Facile - French news showIn Our Time with Melvyn Bragg - discussion of various topics and historyFreakanomics - always something interesting on hereDave Ramsey - helped me to avoid consumer/car debtThe Moth - crazy entertaining stories

Perhaps it is difficult for a lot of people to think of real estate as a business rather than a product they consume.

And yes they were much lower .I explained to her , he showered at the gym 4 days a week , he ate out most of the time , he had work uniforms so he did very little laundry , he turned on the AC when he got home , he didnt leave it run ALL day , and he shaved his head , no blow dryer or curling iron.

Consumer protection was the reason.

Jason- your question is fascinating...who is more stable:- Home owner, day job, bank loan on house, basic savings and 401k, standard consumer debt.- Investor with 10 properties leveraged to the hilt, day job.- Investor with 10 properties free and clear- Management Fund, 30,000 houses, stock share holders, FTC regulation and thousands of employeesI am striving to become the second (free and clear land lord)...I argue that so long as investors don't over-leverage we will prevent another bubble and crash.