A quality HVAC replacement should get you 30 years down the road and amounts to like $350 a year.

I like to have a predictable income/expenses and the heavy fee model is riddled with surprises 🤮I like having a PM because I effectively sacrifice no quality of life for having a rental.

But even this is subjective, since nicely remodeled will have a premium to dated, but an unusable, large home will sell at a discount when viewed as per sq ft value.For a comparable finish quality, on equally desirable street in same neighborhood, we have sold properties almost exactly at the same per sq ft price as smaller properties, but they were equally usable as their smaller counterparts, i.e. 2,900 sq ft 4 bed 3.5 bath versus a 1,900 sq ft renovated house 3 bed 2.5 bath

I think people are the most familiar with multifamily rentals, so a lot of investors don't consider these types of properties when they're getting started, but they definitely should especially because net lease properties don't require as much management (less turnover, less expenses, quality tenants), which should make for an easier experience for newer investors than a value-add multifamily project that involves managing construction projects on top of everything else.A few mentioned that these properties have a higher barrier to entry because they are more expensive to purchase - like any other asset class, it really depends where, but another way to get involved in this type of acquisition without the large upfront cost is to invest in a syndication that's acquiring net lease assets - most minimum investments are $50K that I've seen, but that's definitely more doable than $500K, especially when you're just getting started.

They are usually more expensive, so I would say you need to look around more.And more importantly, their quality of work is notorious for being poor, with bad customer support.Don't even consider it!

But you have to admit, it is quality entertainment to watch the left attack Sarah Palin, Sean Hannity, Rush Limbaugh, Laura Ingram, Ann Coulter, Bill O'Reilly and the like.They attack people so much, I am not sure they even know what the message really is.For those who are interested, here is the message, "IT IS NOT THE GOVERNMENT'S JOB TO MAKE YOUR LIFE HAPPY, EASY AND WORRY FREE!"

Crap, my town isn't "densely overcrowded" so I don't quality as a slumlord anymore.

It's all quality items also.

All of this and many other factors need to be considered running a restaurant.The biggest issue a one off restaurant faces is food quality and pricing.Small places can't order in massive quantities so do not have long term food contracts locked in at a set price like chains do.Instead food cost fluctuations can hurt a small restaurant plus the quality you get from a supplier might be good one week but the next a new company came in to the food supplier and gave them a cheaper deal to use their product and try it out.The new product may be better,the same, or worse.The problem is you pay the same price and charge the customer the same price as before but it might not taste as good.I don't know how you will buy this restaurant as you have no experience as an owner.You can't just open a restaurant and expect people to come in.A few will but not enough to make a great business.You have to pound the ground and press palms and get the product with free samples into people's mouths.This will generate buzz for your restaurant and create customers with a relationship.Customers are habit creatures.Get them a great experience,great food,decent price and you will get repeat business.

I'm thinking about buying one or two rental single family homes in this neighborhood.Homes priced $130-150k appear to rent for $1200-1350/mo. in good condition and at least moderately updated.I looked at some dogs too but since I am out of town, I don't think I want to rehab extensively.My questions/concerns----The quality of tenant in that area??