On the other hand, there are private lenders who want a long term passive income stream. 

FIRE is equal to a income stream > expenses.  

Unless they have a substantial revenue stream separate from the traditional flip, they aren’t making any money if this example is representative.

But if you want to create a future income stream years down the line then IUL is better.

Because that thinking spills throughout different areas of life for people.

I've said it many times that real estate investing is like a meandering stream in a meadow. 

Emerson Equity LLC isnot affiliated with any other entities identified in this communication.1031 Risk Disclosure:· There is no guarantee that any strategy will be successful or achieve investment objectives;· Potential for property value loss – All real estate investments have the potential to lose value during the life of the investments;· Change of tax status – The income stream and depreciation schedule for any investment property may affect the property owner’s income bracket and/or taxstatus.

We are seeing a lot of spill over from the surrounded areas where people don't want to pay higher rent and home prices living in Soulard so they are just coming over to the next neighborhood. 

Painting can get really messed up and cost loads to fix (spills, bad caulking, etc.) so you have to know what quality is and stop / fire someone if they suck.

I'm talking hoarders 101, spilled chocolate milk laying on the kitchen floor, cooked mac n cheese, and literally stuff everywhere.