Your older dishwasher may have had a different pump set up or the previous installer may have had strategically placed insulation and nobody paid any attention to it when it was removed to install the new machine.

No interest in KMP or T and no plan to start a position within the next 30 days.

The whole idea is about positive cashflow, which is what buy and hold real estate investing is all about.

But, participate and get to know other investors, and then you'll be in a much better position.

Your best bet is to find a deal where the total acquisition costs (including any deferred maintenance) are an amount that will equate to a positive cash flow return.

If the answer to that question is "nothing" or isn't something significant, I'd suggest that each of you invest in your own (smaller) properties individually and work together to provide moral support for one another and strategic brainstorming sessions.

Just driving home tonight I could see an extremely bright orange-red glow on the horizon due east of my position on Hwy 52.

If I was planning on holding the property, of course I'd make sure with my lenders or cash position I could close before putting under contract.

After we close, it is still expected that I will do most of the manage-the-manager, strategic decisions, and maybe even preparing the tax returns.

Mostly these are low or nothing down deals with owner carry back financing, any third party lender will demand title insurance and closing by a title or escrow office.As a practical matter, there are title companies that will do back to back deals, so that you would need no cash to close your middle position.