Enjoy as you prosper.....

In fact, this is a mild thread, wait till you read others, LOL So, welcome to BP, enjoy the forums, understand the passion of opinions here from all points of view.

I am still learning and growing daily...researching, reading, studying and enjoying this journey! 

Then, in your class at UCLA, visit the chapter, usually toward the front, about rights conveyed by a lease, the right of possession and quiet enjoyment.

The very opposite of "quiet enjoyment". 

My annual repair costs don't even come close to 2% of my adjusted basis (sans depreciation- about $7k), mostly because I'm an extreme DIYer and enjoy it.   

Learn about yourself and enjoy life...

He's a partner in a Bay Area law firm and a few years ago he and I were sitting on his back deck enjoying the view of the Bay and he was asking me about how my deals in GA and TX were doing.  

Investors are enjoying the upswing but certainly ready for a downswing if it happens.Where people get into trouble is when they think an upmarket means they can pay anything for a property and they will always be alright.

Once you have an FHA loan you are not allowed to have another FHA loan unless relocating a great distance for work.Now that you have exhausted your Low Down Payment Options (Portfolio Conventional and FHA Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Keep in mind that this 4 step process I outlined takes time (anywhere from 1 to 10yrs depending on the person) so keep the big picture in mind but don't let it stress you out too much.