A couple of weeks later, after someone else had walked, I resubmitted an offer to them based on what the numbers should have been based on the condition of the property and they accepted.After a while, you can just about judge whether something is a deal, or potential deal, or not just from some pictures, the price, and an understanding of the geography on the ground.

Without positive cash flow it will only become a greater financial drain on your life.

Lots of variables, but other than rental rates if your home is the same size, condition, location and price range as the apartments, I think you'll do just fine. 

It’s an advantage on paper yes but may not be in Real life .

Thank you for your patience as we continue to improve the conditions of your home.Sincerely Management

I know that in the past, there has been this motto of "things change or life happens" to excuse moving out before twelve months.

I've seen some of you are musicians as well but for those of you who are not (or once were) and are curious how in the world can a trumpet player make it in the real estate business, I've written a blog post on my life as a musician and how it translates to real estate.

Just getting into the cash flow/financially independent life idea myself.

Much of the capex has at least 5 years usable life left except floors (9 years old) and one heating unit, which is @ year 16 of an expected 20 year life.

And what condition your house is in.