Many of my co-workers remark how it 'must be nice' to own rental properties and my restaurant franchise and they wish they were as 'lucky'...then when I try to talk to them about investing, personal finance, and hustling to build multiple streams of income they just comment "Yeah right I don't have time for that"...I've given several of them copies of 'Rich Dad Poor Dad' and offered to take a few driving for dollars on the weekend and have invited all of them to the meetup I host - NONE have taken me up on it...but then they post pictures on Facebook of them brewery-hopping all weekend and hanging at the pool!  

You buy below market value, you have monthly income streams, you position the asset for tax advantages, and you sell the asset for a premium.

A property's revenue stream (which will be different for every potential investor) and the amount of money they are willing to pay for that revenue stream (also different for every potential investor.) 

You have to have staff to answer the phones, customer service teams to constantly call your clients, a full staff to rent to tenants, close leases, answer service calls, dispatch service calls, call tenants after the service to make sure they are satisfied, call tenants within 90 days of lease expiration to discuss renewal......and the list goes on and on.In order to accomplish all of the tasks that great property management companies accomplish, you have to have consistent revenue streams.

Self defense of your self or others is a reason that concealed carry has gotten so "main stream" of late.

The downside is a failed property inspection interferes with your income stream until the issues are addressed.

If that's fine with you and you are looking to pay this off and have the income stream in retirement or are banking on a lot of appreciation (unlikely in Sacramento for this type of unit) you're on the right track.

Even though I know I'm legit, the cost of getting a license is far worth it than to endure and endless stream of investigations).Vincent has ulterior motives, because he has a course, podcast, and mentor program talking about "getting the deed" before marketing the home.

However, in my case, buying multiple units fix-up properties allowed me to add value and improve the income stream more quickly than if I had overpaid for non-fixer type properties.

Chunk in those streams of cash flow and become financially free!!!