Extending out to the next city, 50 miles away, didn't even come close to the 240.

Or spend money on Bandit signs with no results.

These complaints varied greatly from over-extended jobs, not finishing on schedule (talking months here, not weeks), over budgeting unaccounted for materials, to name a few.

In some cultures, extended families living together is common.

As I mentioned above, excavation is expensive -- you would likely spend $5-10K on the excavation and straightening the wall, and then another couple thousand on the beams to hold it in place.With respect to the water intrusion, give the gutters and grading a try.

Even if you don't use property management you should still allocate 10% of gross rent as an expense because you will be spending your own personal time managing it.

However, over the next 5-10 years I plan to spend over $100,000 on a medical degree, and I need a way to pay for that and provide a place to live during that time.

It's good to research this all upfront before you start spending a bunch of money on campaigns etc.

What I don't want to do is get involved with super low end stuff that will cause me to spend all my time with lousy tenants.

And also: does your consent also extend to cats in your properties?