-Send thank-you notes to good Residents who maintain their units.

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After monitoring them a couple of weeks and listening to the managers and maintainance men, I was sure of it.

A book I once read stated that the more units you put under one roof, the lower the overall costs to maintain.

Building, maintaining and SEO of a website can take tons of time and money.

However, where I have seen it used most is when a neighbor has encroached over their property line with a structure, fence, or has been using and maintaining a portion of a neighbor’s property for many years… Not as a technique to “steal” someone’s property… Legal or not, it is just a bad idea.

You said that historical apprciation on RE is 14%, I'd have to say that is very "area specific" and over a very short term. 14% means prices are doubling every 5 years, even if that's been the historical case, it can't be maintained in an economy where real incomes are falling.You've also neglected all of your other costs in the condo calculations, management, vacancy, upkeep, repairs etc.I'm not sure of your age, but with your income (5X the national average) why are you not participating in OWNERSHIP OF BUSINESSES, other than your own?

If we can maintain that and get through this we'l be OK.

For instance, I drive up to an "ugly" house that is obviously unoccuppied and not being maintained and requires somes repairs, how do I in a time effective way determine whether I should put this house on my list of potential wholesale properties or not?

Don't try to maintain a low income rental as if it were your personal house.