You can learn a lot from a showing.I really think this has bad idea written all over it. bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea bad idea 

Loopnet is generally (not always) where deals go to die, but it does give you a good idea for the types of available properties in the market.

I had no idea that was even an option.

I'd love to hear some of the creative ideas fellow members have come up with to get started (or continue going) in this business.

Unless you can clearly see the condition of the wood in the attic and no for sure its not rotting in any areas, why add an additional layer, additional layer is more load on the roof, if you have a weak spot in the roof, well i think you get the idea.

Generally you have a pretty good idea of value and we make sure to have a due diligence period to verify all information given.

@Kayla Collura I'll comment here as well as I started with the same ideas. 

. + cash flow) appreciation each year is >10% (ie. better than could be expected from the stock market), so selling seems like a bad idea.

We just need to get a more narrow idea of what it is you are doing.

I certainly understand your mindset, however I would go with the 2nd rental property rather than paying off the mortgage right away.You might initially have less cash flow, but rental income should increase while your mortgage payment should only be decreasing (assuming you don't have an adjustable rate mortgage).I also like the idea of having more than 1 rental property because, if each property is cash flowing like they should be, you have more of a financial cushion during periods in which one property is vacant.