At the same time, what you are doing won't be scaleable and can rapidly degrade into a situation where you are being taken advantage of, unintentionally or not.

The property is located in a rapidly appreciating area.

I am a landlord/wholesaler in the hot Grand Rapids, Michigan market and came across a lead that I wanted some input on.   

So now he's got a rapidly appreciating duplex in a transitioning neighborhood, landlord experience (crucial) AND cash to invest in more real estate. 

However, this is just a snapshot of a rapidly rolling inventory.

I'd just get a handyman for something like that, but if you want an electrician, try Rapid Repair Experts.

With no background in real estate, and surprised by the rapid and unreal escalation of real estate prices, he naturally called me all excited to ask what he should do.

Maybe I could try out wholesaling in the bay area and rapidly pay everything off if that goes well, or I could make it big with a good software pitch or something.I poured my heart into that house, and it makes me sad to see the bank profiting from my blood, sweat, and tears.

The $12 per month will make up in the long term if a claim ever has to be made.Sad to say the weather patterns are changing rapidly and we are in Tornado Alley, as well as we have pretty decent hail storms with great risks of repeat flooding in some areas.

First we were compared to Chicago, now LA.  Maybe one day they'll just compare us to DFW. http://www.star-telegram.com/news/business/growth/article212129739.html