I remember seeing the Chinese real estate market booming when I was attending college and working in Shanghai in early 2000.

rewiring and old house is a pain i'm assuming its plaster and lathe. probably most of the 15k was for labor just to get to the wires, if a guy could trace  where the wires are routed maybe you could get a couple high school or college kids to sawzall out just enough channels so the sparky could refeed wires then cover the whole thing with rock, sometimes it works sometimes it doesnt. a 100 amp service is not alot for three units. 

I am going to practice using it now by crunching real numbers using four-plexes currently on the market.

Single-, multi-, I don't care, I'm just looking for cash to help get the kids through college.  

My wife and I are moving to OKC and are in the process of doing that as well in order to get some practice.

However, I decided to open my own law practice last year and as you know businesses starting out do not make much of a profit the first couple of years.

If I would have started earlier, I could have marked a property as a potential sale once my kids get to college age, but at this point I am ensuring my retirement first then college education second.  

My first two projects are in College Station and Conroe. 

My first rental experiences are with college students, which has been exceedingly easy, and I'd like that trend to continue.

If its 100 loans, you can invest a day checking - maybe its good practice.