Renting vs buying.....I was thinking of purchasing a home that I could do some extra work to and turn, no major over-haul, something simple....I have done this several times and have done well (just not in the Fort Worth area).

Get's $250M in a cashier's check for a burned down house.

If the property is damaged between when you closed on the house and when they move out, take it out of the security deposit.If you're dealing with property or people where you can't trust them not to steal all the copper and burn the house down on the way out, you're probably dealing with the wrong people or the wrong class of property.

However, is an extra 4% gain per year, on 150K (6K per year) really worth the loss of control?

I also set up a side room and did Air BnB to earn some extra money. 

I have a degree in construction management and want the extra cash to jump start my buy and hold portfolio.

You burn a larger percentage of the rental income on maintenance and capex.

I know with the knowledge and the burning desire we can all accomplish our goals

Houses seem like a lot of trouble and risk for an extra 4k a year. 

It is just an extra cost.