Betting on appreciation is always a gamble.

I have two elderly tenants in my duplex one lives upstairs and the other downstairs separate one 80 year old lady and a 60 year old male.I get a call today with her frantic  and explaining that she heard loud bangs and glass breaking!

Now our tax lady says get a 30 yr loan.

Mind you this was the first offer we ever gave to anyone... 2 months later she called us back and excepted our offer but there were so many title issues dealing with an ex-military man who died 10 years before we met this lady (nobody reported the man dead so the wife could keep collecting his income), the VA and a host of other bs.

The trick, or should I say gamble, is that you find a good person/family to be the tenants.I know Douglas Skipworth and he manages several of my homes and his company has good property management if you want to buy and pay to have the home repaired. 

I started getting some pretty hefty fines after tell that (insert extremely bad word here) lady where to go and what to do to herself when she got there.

I was advised by my tax lady ..to set a a C corp and pay myself a salery .. then i will be able to write off  my miles and uniforms , health insurace .. most of my truck because i only use it for business .. my home office ..my internet , my 1/2 my cell phone  .% of meals .. ect ... plus Im just going to take profits and roll them into buy and holds ..while still doing flips with my partner 

I've called the tenants and had the opportunity to meet one set while the other lady and I have played phone tag. 

I think it is more suitable for flips or just gambling on appreciation lol.

I am like lady... you said NEEDS TLC...