Most want to DIY rather than spending a couple thousand bucks to hire a pro.Even with tan/beige, each person has his own preference.I have a room that was painted a grayish beige by a former tenant (poorly, I must add, with peeling) One recent prospect didn't like it, and wanted a lighter tan.You can't please everyone.But white matches everything, and my tenants have all managed to decorate it just fine.

Quite a few of the people I know that were given money by their parents weren't really mature enough to handle it sometimes.Might have been wiser if the kids didn't know they had it.

Payment goes up about 20 buck still cash flowing over 300 a month and roi goes from 20% roi to infinity as I no longer have any cash in the deal.That is my philosophy while i am frowing my portfolio.

A 4plex say pulling in 1200 a month would have mgt at about 120 buck or 12 buck an hour.

Look closely at your market, gurus will claim you can make big bucks, reality is that you need to rent far below market to have a spread for the brain damage and risks and you should be insured as well.

I won't turn out a shoddy product just to turn a buck because I'm a firm believer that karma or the legal system will bite you in the ***.What rubs me the wrong way is when someone like Bill Gulley makes assumptions about me as a person by saying, "your 'I'll foreclose take it back and do it again' tells me two things; 1. you are not aware of the legal aspects of lending and 2. that allowing your buyer to fail is not that much of a concern to you".

Spending a couple bucks with a tax / real estate attorney would make the most sense.

Purchase criteria can be your desired yield, investment term, property type, geography, occupancy, maturity, performance, etc, etc...the list goes on.

Spend a few hundred bucks and have an attorney do it for you.

I am well aware of the "I want to wholesale and make a million bucks tomorrow trap".