@Rae Stankowski, based on what you say, I would actually be more concerned about a contractor that cannot control their cashflow.  

Let your passion take control.

So if you have good ones, treat them right and don't sweat the small stuff, control what you can and perfect your systems to define expectations, reward them when they do well (bonus for finishing early, bonus for short punch list etc).

Its currently owned by a non profit and they have indoor climate controlled storage units in place and rented, a store front with tenant in place, a vacant and gutted second floor that could be finished and rented (probably about 2000-2500sqft) and a banquet hall with full kitchen and bar that has a max cap.

Next on August 3rd in Lewisville at Venture X.   

I was able to save all of my rental income which I used to finance my stock market goals and my next realy estate venture Lessons learned?

I was able to save all of my rental income which I used to finance my stock market goals and my next realy estate venture Lessons learned?

I work for a job that is pretty relocation heavy (employees typically move around every 1-3 years) and I was wondering if anyone thinks successfully venturing into rental property investing would be feasible.

Hello all, This is my first venture into REI and I'm seeking wisdom about potential pitfalls/things to know or avoid in this scenario.

Rehab costs spiral out of control very quickly for inexperienced investors 3.