I have a duplex where the plumbing was getting backed up.Had a plumber go out there and put a camera in the lines and turns out there are roots growing into the plumbing from a nearby tree.The quote to rip out and replace the plumbing was a staggering number.My thought is to cut down the tree to stop the growing and then eventually put the liner in the plumbing.Any experience with this?

The key is staying consistent and networking with the right people (you’re already in the right place!).

We're looking in the Lexington/Richmond KY area.

Then make sure you sell it within the next three years. 

So far with the properties that have looked promising we have utilized the calculated NOI / Cap rate to determine the value and every one we have done has come up way lower than the asking price and in one instance came up less that what the current owner paid for the place initially.

You'll be one of the wealthiest people you know by the time you are 40.As you gain experience, you may discover you hate dealing with tenants and this is the wrong vehicle for you to build wealth.

Is it time to bite the bullet and join the world of Automation?

I'm New to real estate investing and we are looking to buy our first investment property in the coming months/year.

You would be putting too much risk on a new area that may or may not work.A 4-unit property has 4 furnaces so you could have 4x the cap ex as a single-family on mechanicals.Appreciate the reply.

It would be the equivalent of a C-Corp in the US.