He says he wants a minimum of $15k profit and a less-than-6-month rehab.The neighborhood is highly desirable.  

Also the desire to do what I love.

In my experience in Arizona, where pools are a desirable amenity, you are lucky to recover half the pool operating cost in rent.

If they want a house that is more energy efficient, but at the price they can spend, they will need to move into another less desirable area and perhaps school district.

I can see some of the points here, but I guess I'm weird--I have no desire to hold physical gold bars or coins.

If positive cash flow is the desire, will it basically be a matter of hunting until the right place comes along?

If you desire to progress with a hold strategy that involves dozens of properties you will need to work with owner financed properties.

During that private sector debt build up the household sector within the private sector did not desire a high savings rate and consumed and grew the economy as well as require less of a federal government deficit.

Personally I don't have anything in the stock market and no desire to put anything in.

My focus is on acquiring solid, "bread and butter" SFR's in desirable areas of the Kansas City metro.