I would tend to fanthom that it is a gas line also. 

Here is my opinion, and I tend to agree with @Joe Villeneuve on this one, you are more at risk by owning properties out right vs with a mortgage on each property.  

These tend to be riskier, but can pay off a lot when it all goes well.Buy and hold is the best option for longer term goals, and the way to truly build wealth.

I already am maintaining high quality records for each of my units via Excel, and use a CPA for taxes. ...I suggest you avoid a business banking account if you hold the properties in a non-business; business bank accounts tend to have requirements and fees that exceed personal account requirements.

Jon Holdman you tend to be quite negative. as you know, if you screen right, you can get much longer than that.

As far as color I tend to go with either white or match the color scheme of the house.

I tend to see many MBA acquaintances as comfortable with a relatively low level of risk, and an unwillingness to rock the boat.  

They talk as if it is but many people are just trying to get into a $500,000 starter home and anything that adds "upfront" cost tends to turn them to lesser expensive options.

However, unless the property is really a screaming deal, I tend to avoid the headache of this approach.

I also tend to be less comfortable with self conducted title searches in non Torrens title states.Short Answer:1) Learn to search title yourself2) Verify your title searches with title reports ordered for properties you know you will bid on