When I say a lot, I mean a lot!

Maybe I am missing something but even though the mortgage may be getting paid off and your making a 10 percent cap rate I don't see how you would survive say a roof repair or even afford property management. 

Here's something for you to consider - don't worry, this isn't a sales pitch (my company doesn't lend in Florida, so there's no ulterior motive in my sharing this with you):You may want to look at the option of purchasing a multi-unit property (let's say a fourplex) and financing it with an FHA loan.  

No matter what they say.  A

Just wanted to say as a new investor I appreciated this thread. 

I do have a question related to your services though: how do you guarantee quality work on, say, a roof replacement or tuckpointing?  

Unlike say a Century 21 which is often individually owned franchise, my company Long & Foster is all corporately owned....so they spend a lot of money on marketing and building the brand for us.

When you say A-class suburb, do you mean Summit/Chatham/Millburn?   

But a small business of storing small, inert, items that presents no visual impact for others or other concerns really isn't something you can say a person can not be employed in doing, infringe on the livelihood. 

The fastest way to repair credit is to use what's called Bank Round  RobinLet's say you got terrible credit you been bankrupt before and you want to repair your creditAs long as you have a good income and you can afford to do this step number one is to get $1000 together and bring it to let's say a big bank like Bank of AmericaGo see a consumer bank manager and tell them I ran into some serious trouble in a rebuilding my credit history I have $1000 that I like to put into a CD and borrow against for thousand dollars and pay it back as a consumer loan being reported to the credit bureauThe bank manager should have no problem using those security and they give you an approval usually quickly and they give you $1000.