We have one property that has been vacant for over a month and it hasn’t even had a move out inspection yet, despite our multiple requests to do so after the past month.I have to baby sit every step of the process and triple check on almost everything...by contrast, our property management company in Raleigh, NC is wonderful. 

Which I told him he was nuts, not with 70 million baby boomers  about to retire!  

Gaining 20% equity in our home to refi and get our pmi taken off and then purchasing another home either with conventional for sole purpose of investing in airbnb or fha for second home as our family increases(we are planning for baby #2 this year) and purposely bought a 2 bedroom.

Dust ceiling fan blades Dust door, window and floor trimCheck/dust/vacuum window blindsWash walls with dish soap and warm waterWipe light switch plate and door handles Wash windows, check screens & latchesTest all outlets for polarityTest heaterBegin PAINT PREP sequence if necessarySweep floorsKitchenRemove dust bunnies from ceiling/corners with duster Replace any burned out light bulbs Dust ceiling fan bladesRemove all items from cabinets/refrigerator/freezerWipe inside of cabinetsClean/dust top of refrigerator Wipe down interior/exterior of refrigerator/freezer Vacuum refrigerator coilsWipe down cabinet frontsClean stovetopClean ovenClean microwaveTurn the sink faucet to hottest setting for one minute.

Step 6, You sell your ALF (property and business) in 12 years at higher price, get the appreciation, pay off loan whatever the principle left over (after 15 years from now the demands of ALF would decrease, since the baby boomers would be gone). 

Paying a Service Tech $100+ to come out an un-jam a quarter will wipe you out.I own 5 Laundromats and although it's flexible I still spend time each week working on repairs and upgrades.There is an option for this store that I'm not going to post publicly but at the end of the day it will not be as passive as rental properties.

Refi and turn into a rental, build that wealth baby 

It’s been about 2 yrs now and I want to really seriously start looking into R/E investment, so I figured my first baby step will be to take care of this current condo and ensure that I am at least in a positive cash flow situation.My question is, I have about 20K cash in bonus from my day job and I am wondering whether I should put it down towards the mortgage on my current condo that way I can reduce my monthly mortgage payment, or use that money as a down payment on a new rental property.Thanks for your feedback!!

Hi there, I'm a writer doing a story for Bigger Pockets on seller financing focused on finding baby boomer sellers (who likely own their homes).

with the idea that we bid at the sale.. and wipe out the junior lenders.