Today people routinely live into their 80’s and 90’s and can anticipate a couple of decades of retirement years.

Even if they sign acknowledgments and are fully informed an attorney can make life uncomfortable, especially if the home is sold on a wrap note and you no longer own it!

In regard to residential units, advertising and screening costs are part of the routine lease-up expenses.

But situations that made me uncomfortable.

Let me ask you this - where else can you routinely find single family homes priced at forty to fifty cents on the dollar, with a minimum of $40,000 in equity, that need LITTLE or no rehab?

The elevator in your office building needs routine maintenance or repair.

Borrowing money seems to be as routine as it always was.

You're going to have a bunch of other costs to pay out, including taxes, insurance (not cheap on a building in this situation), utilities, routine maintenance (not fixup related).

Also I routinely see investors who tell me they have "cash flow," properties and say "oh ya it shouldnt be any problem to qualify," but the problem is when I go to their tax returns it shows negative cash flow.

Surely your time is valued, so how do you organize your time, what is your routine, just anything us young pups can learn from...Reason I ask is, I'm working professional, work 50+ hrs a week, who wishes I have more time to focus towards my short and long terms goals in RE investing.