And still trying to understand basics.

We were basically on call whenever the laundromat was open.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

However as long as you are including the expense of the second mortgage it will give you the basic scenario and breakdown of overall projections.

I won't honor their cr@p with a link.In this generic post, I will try to give you a basic overview of the most common EOY tax strategies, obviously without an actual discussion of each one.

It could be stressful if there is a plumbing or heating issue and you're several hours away. 

It will familiarize you with the basic terminology and benefits of investing.

My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.

If I gave you a list of 100 deals on a sheet of paper with just a few basic pieces of information you could apply the 1% rule and eliminate the vast majority of them and then only focus on a small number to consider evaluating further.

Personally, I'd prefer dollar-tree ones (if basic, uncluttered look) over none in the room (bedroom, whatever) because I want to encourage trash being put away.