Investing in performing and non-performing notes is a great way to make invests backed by real property.Performing notes provide a passive income, similar to having a renter but without the midnight plumbing issue calls and the borrower has a vested interest in maintaining and keeping the property.A non-performing note, isn't typically passive at first but depending upon the borrower’s situation and performing the proper due diligence in advance, there are multiple exit strategies for above average ROI’s; reinstating the borrower or foreclosing if necessary are two examples.That is the real cliff notes version of the process. 

I'm trying to stay away from plug in pipe wraps as I don't trust that a tenant will maintain them and don't want burster pipes.Any and all suggestions minus moving pipes would be greatly appreciated.

I can tell you though that a LLC should only cost about $300 to setup and $50 a year to maintain, and is well worth it to put your properties under individual LLC's to protect your personal assets.

There is no reason to maintain, insure, and register the vehicles that they do not need.I have quite a few more examples.For some of the people who live with no reserve or appear to be barely getting by you can see poor decisions that keep them from improving their financial situation.  

A good property management company will maintain what you’ve got, a great company will optimize what you had and build wealth with future acquisitions.

I’ve been approached by a individual who’d like to combine all the duties of maintaining my buildings that I currently Farm out to several people.

I’ve been fortunate enough to work my way into a $170k/ year position with my current company but feel that something (freedom) is missing every day. I’m only 30 and realize “good things” don’t last forever and I keep...

Doing all this while you maintain owner-occupier status. 

I can pick on Ted he was the realtor that helped me purchase my investment property.Anyhow, having bad property management can cost you more money down the road if they're not properly screening or maintaining the properties.

He is also required to mow the grass, maintain & work the property & maintain our equipment.