If the theory is meant to be limited to those four things, then okay, but if it's meant to be a very broad prescription, to encompass stocks as well, the theory doesn't hold water, and thus the advice to buy real estate now is called into question.

For example you can not finance properties with health and safety issues for example no heat source, no flooring, broken windows, no stair railing, no smoke or CO2 detectors, pool with green water or empty, bars on windows that do not have safety latches and other things.Q.

It's the exhaust chimney/vent for the hot water tank & furnace.

I was helping my dad fixing a sensor for a water heater at one of our rentals. $11.90 for the sensor tax included after the pro-reward discount from Home Depot.

You can approach it in a variety of ways one of which is with preferred returns and high water marks.

Who pays for sewer and water?

Lower income area but not a warzone, access to decent/good schools and minutes to major highways for commute/work.Separate Utility/Water meters for each side, tenants pay all utilities in their own name.Purchase Price: 81500Rental Income: 1300 - Current.

If power is off, know what permits and inspections are needed to get power turned on, water turned on.

Thank you @Mehran Kamari I need to get over my fear taking first steps into cold water first, and hope a good realtor will help me along the way.

All my units need to be clean, warm, and secure, with smoke detectors, working appliances, windows that open and close, and hot water.