Rental property = cooking in a crock-potRehabbing = Cooking in the ovenWholesaling = cooking in a deep fryerRental property typically isn't profitable (or not extremely) in the short term, a better long term play.

I think you pretty much covered all the bases with this one other than nuclear fall out shelter and Breaking Bad cook kitchen, but all of them are possible and will be MUCH more comfortable because we installed.....

There are two (average) pools, a tennis court and 2 workout facilities. http://www.montclairpoa.com/pdf/regime_fee_explana...The reason I am even looking at this property is because it's a short sale and because maybe other busy investors would shy away from it because of its issues.

Among them are a moving company, a bar/restaurant or a storage facility.

Hello @Steve Cook I think that your ability to secure a HELOC would depend on the amount of equity that you have in those homes.

@David Cook We self manage and have done very well even with a transient career.

I have a tenant I inherited when I bought this 2-Flat in July 2013 in Cook County, Illinois.  

no that's not us  we are a year away have to jump through all the Portlandia hoopsbut we are looking at 2 facing Ivy and 2 facing Cook.

I would not continue renting in a place where facilities people were coming to inspect my unit every 2 weeks.

I sold an outdoor storage facility in Bonits Springs off a video based craigslist ad.