Still living there and refinanced at a nice 2.75% rate.Looking back (of course with hindsight being 20/20), I do regret putting so much control into the hands of the platforms (AirBnB and VRBO) and going forward plan to only invest via flipping or multi-family residences... it's the way to go.The roofing company is still running smoothly through COVID, barely skipping a beat. 

**I invite friends out to beautiful Lake Merritt for a drink instead of going to the bar.I skip cable and satellite TV and watch things on occasion on Hulu.I have always received free furniture off of Craigslist or from friends, in decent condition, but of course never really what I wanted.MY RECOMMENDATION FOR OTHERS STARTING OUT WITH LITTLE CAPITAL, OR DON'T HAVE THE EXPERIENCE OR AGE, PUT YOUR MONEY TOWARDS RE INSTEAD OF "NICE STUFF!"

I wonder why the gurus skip that topic when they pitch their $1997 courses. 

The old-school charm could attract customers, and the location could draw in tourists.Depending on the size of the building, it could be converted into a small hotel or bed and breakfast.

I'd happily subsidize a very good property in a very good area for $200/mo, and own the underlying asset with higher leverage than skip on the asset.

@Melanie StephensThat one time I didn’t scope the sewer...1950’s house and I knew there was potential for orangburg pipe or something, but decided to skip the scope.

While making breakfast, driving to work, working out, cooking dinner, etc. 

Hey Kevin,For sellers: Go to your local title and escrow company and buy a couple of lists that you can get skip-traced.Ask for out-of-state owners, homes with high equity (80%+), and drive around to find addresses of houses that have deferred maintenance. 

Sorry it got so long, feel free to skip.

If he skips town or trashes the place, you can hold her liable. 3 - If you've already given them a copy of the keys, tell her to make more copies.