I highly recommend you give the book a shot and write one of your own!

Luxury Yacht (with decent expendable income) who owns a 3 year old SFH he rents out at market rate in a class B area to stable renters may make a different decision on what to do with monthly cash inflow than Just starting out on a shoestring and a prayer blue coller worker who owns a 70 year old class C that is overdue for a rehab.That is based on personal ability to meet costs when they come due and the probability that costs will come due.That being said, it's always intelligent to budget for CAPEX using real life numbers vs IRS or guesstimate numbers.You also need money for turns, which includes carrying costs when unoccupied and etc...As well as unexpected costs, such as roof damage, or early appliance failure--such as a refrigerator.Good Luck!

I would also think that any contractor doing this would want a name on the deed, so that makes the deed a mess as you add a new contractor when they do the work because if you add them before they do the work, they may never work.Most of the decent contractors have a waiting list to get them to work for you, and they can be picky on who they work with. 

You can get a decent loan using your bank statements as 'proof of income', a must for the self-employed.

He played the big shot moneyman right up until a week later, when I found him naked in bed with his furry privates out, high as a kite on some kind of smack, blubbering his eyes out over a 400-lb equally naked woman who had just been brought back from death's door with Narcan by paramedics from the three ambulances and five cop cars blocking up the street my duplex is on."

Being a scarce resource, opportunities like this may not exist in the future, or may get priced out.Due to the recent fleeing from cities, not might be the right time to buy a condo, instead of houses which have shot up in price.Your thoughts?

That could be no garage (when all the other homes on the street have one), backing up to or on a busy main street, bordering or in ear shot of active railroad tracks, in airport flight paths, or where the subject property sits next to or across from a trashed house.

It didn't need major repairs, and based on the numbers I was running, I knew I could use a minimal amount of money and get a decent monthly cash flow.

Besides a decent, competitive wage what other benefits and bonuses do you offer your staff (both to retain them and to hire them)?   

$50 for drone shots in Milwaukee.