Now this does NOT include capex spend, so if it needs a new roof or if something material broke, there’s the whole two years of FCF gone.

Otherwise the points you make are very valid about fewer roofs, bathrooms and kitchens.

Roof and HVAC alone would eat up more than 25% of that.

Also Brandon Turners book, the Book on Real Estate Investing, has so much information that covers many various ways one can take, or how to combo investing opportunities.

They'll have so much more knowledge about houses, a lot less drama.... the other girl is brand new, and would likely struggle with bills, and may move for a better paying job-- whereas grandma has other people to help cover the bills...  

See if insurance will cover any of the costs.2.

There are a lot of potential risks, however, the good deals are good enough to cover the bad ones. 

Hey @Ashley Davis . www.VipConstructionGroup.com - Licensed General Contractors and Roofing.

I don’t want to drive people away but I want to cover my costs.

Next door is a 2 level complex with a slate roof and no gutter system.