With a business producing a healthy profit I started looking for properties to buy.

Using “none” of my own money for purchases and for most of the renovations is how I have kept healthy reserves for each property, which can tide me over on a tenant turnover to make repairs until I refinance.

Condos are some of the most "hands-off" investments you can have, while at the same time affording a healthy and reliable cash flow.

@Anthony Gayden I did not look but I bet SF and NY were number one and two.was not bad here until 4 or so years ago.. if you owned rentals here your smiling ear to earif your a renter your being forced to bunk up with room mates.

A few bottles of water, a coupon to a local pizza place and 4-pack of toilet paper (just $1 from the dollar store) can really put on smile on your new tenant's face that first night in their new home.

The biggest factor in my decision to do some new construction is that in my area older homes from the 70s and 80s usually sell at a price level that I could construct a new modern home with half the energy cost and quality materials and the style of a much more expensive home and still make a healthy profit margin.  

Let's spread some smiles! 

I wish I had read about this about two months ago because I expect a healthy return on this investment.

I like bacon, but not when it's smiling at me!

When you meet the tenants in person let them know who you are and how to contact you 24/7 if anything goes wrong with the unit, and most tenants will respect you when you say I am the owner and contact me anytime if there are a problem and smile and say I don't screen my calls or use a Google guru voice mail, I answer my phone.