If in your state, its 10-20 years that's a long time endure the risk factor of bennies coming into the picture asking about grandpa's gold coins in the house (that never existed). 

Give me a PM who treats my residents like gold (cause they are), at a fair price, and take some ownership in the property and they'll make even more money than otherwise.

I guess this must be where the expression "he who has the gold makes the rules" comes from.

Gold bullions?

So here's my current situation, there is a house across the street from me with a woman who will be put into a senior home soon and her house is a gold mine, it's also a wreck that needs to have major repairs or be torn down.

That is why getting involved in your local real estate association and listening to the REALITIES of experience of others in your local market can be gold to learn from.

It won't be in the gold coast - and not why would you want that, anyway?

@Rob Gillespie thanks, I definitely try to steer clear of D neighborhoods (thanks @Marcus Auerbach for explaining the concept of "fool's gold") and have heard that one of the biggest expenses is turnover.

Kenneth and Dale... absolute gold lists right there.

The SBA can be a gold mine for keeping you accountable and they also have resources for creating a business plan.