Over the weekend I started driving around the area in which I live, and was honestly a but shocked by how many properties I came across that were either vacant or in a major state of disrepair.  

The more non-institutional you go with a counter-party the less consistent the pricing will be.  

Yes I know the house is not "updated" to granite counter tops and such, but I can't see putting money into this house if it is just ignored.https://detroit.craigslist.org/okl/apa/5221107911.html

No big deal I explained it.He said the timeframe wouldn't work out so I said to counter it.

You would have to put a small kitchen ( sink and undercounter refrigerator, microwave and counter top)  and a bathroom in it.   

What drives us is the idea of generating enough passive income to enable both of us to retire early and spend quality time with our kids while they are still young.

we spent several hours driving around and I bought my first two houses from he and his partner.

Is an effect counter argument that the down payment is small but I'm paying you an extra $150,000 more then anyone else, not to mention the interest you make on the $550,000 for the 5 years?

There are code enforcers that drive around cities and towns and all they're looking for is permits in the windows.

That's why you see people squatting in properties behind 1+ months in rent but talking on cell phones and driving cars with payments.