I would rather have 4 Class A properties than 20 Class C properties (20 roofs to replace, HVAC, more tenant issues, property management fees, AC unit stolen, etc).Wealth from real estate is built on appreciation and equity - look at all the multi-millionaires in coastal California whose property values have gone up dramatically over the years and our property taxes increase 2% a year from the base value (Proposition 13) compared to other states whose taxes go up a lot.

Quote from @Kevin Reinhardt: Best practice: screen and approve every adult, whether they work or not, and have them all sign the lease.I highly recommend you purchase "Every Landlord's Legal Guide" by NOLO or "Managing Rental Properties" by Brandon Turner.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

I'm in the process of splitting the utilities in my first house but having issues getting electrical Parts but should be coming soon .should I wait for the utilities to be split in my first house before I buy my second property?

I have done a lot of research on this issue and the bottom line is yes, you can require that your tenants have renters insurance.

A bit more expensive and financing may be an issue.  

This sounds like a safety issue and I'd do it right away.

This means expect tax increases, expect HOI increases, expect tenant issues, PM issues, capex issues, everything in between.

They are not divorced yet, but I was wondering the legalities surrounding the protection order.

I'm looking for the legal definition of "paper lots" and was hoping that someone might be able to point me to a good source.