I have 20 units and they all have the small wall ac/heater units and a small gas stove and the rooms are all studios and 1bd/1ba units.

Because the future income will be flat to declining.Think about the stock market, Tesla and Amazon are growth stocks, they will trade at a very high PE ratios. 

I live with my fiance who has a rent controlled studio in San Francisco she has lived in for 5 years so we are paying way below market rate.

They did return my emd and my lawyer didn't charge me (i gave him an amazon gift though).

I also read his book (which, by this point, only reiterated what we already knew from carefully leveraging his blog) ($10)on amazon: http://www.amazon.com/gp/product/B00J35GWFA7. we went to the Note Investor's Summit and didn't get lost :)  (Gordon wasn't present, but was positively mentioned often by speakers and attendees alike.)8.

In the basement I have 4 separate lockboxes (~$15 each on Amazon), each corresponding to a different unit.  

@Star DawsonI would work on the credit, credit can get improved within 1-2 years of paying on time, and also save some money for a down payment (sometimes u can get a loan for 5% down or even less)You can purchase duplexes for really cheap in some areas, you just need look for them.I totally recommend you on purchasing books about real estate from amazon, theres good material out there.I’ve studied 3 months (everyday reading) from books before making my first deal.Nothing comes easily..And giving up is for losers don’t you ever do that!

I found a 1st edition on amazon, is there much of a difference between that and the 14th?

I got a couple free book credits on Amazon Audible and wondering what would be some good books to listen to?  

I agree with the diversification, but nevertheless, oil talks in Houston.We have been tracking the rental market for the past 8 years and has compiled a live Rental Market report covering all major metropolitan areas in the nation.Apparently Houston is not yet feeling the heat from the falling oil prices as the rental market finished 2014 strong with an average of 11% rent increase over the past year.Is so appears that the past 12 month trends have been inching up every month across all bedroom types from Studio to 5 bedroom apartments and houses.Rental Price movement over time is an important index that shows the market sentiment, and for Houstonians this sentiment might soon start to change with the announced job cuts from major oil companies.I have talked to a couple of local real estate investors and they have also started to be anxious in anticipation of the oil market impact on Houston’s job market and moved to hold position, down from the feverish buying spree that has occurred over the summer.