For example, if inflation averages 5% and rents grow only 3%:After 10 years, today’s $10,000/month lifestyle = $8,250 in real termsAfter 20 years = $6,807After 30 years = $5,616Unless rents increase faster than inflation, you can not achieve long-term financial independence.

Basically, bring a financial tool box and not just a screw driver.

Long story short- the two “constantly shown” units are totally unrentable disasters.

Low Risk: Disasters & Landlord-Tenant DynamicsKC is notably immune to major natural disasters—no hurricanes, low tornado risk—providing stability.

The PM roofer says the roof age is 15 years (not 45 years like other first contractors said the builder's original roof when constructed in 1985 was about 40 years old).Is it good idea to repair and buy 6 months to 1 year (which is good for me financially ) or replace the roof using PM roofer (as per PM his roofer is good and only for him he gives that cheap quote and if I reach him by passing him he charge more than 10000$ and PM did not give his contact number to reach as well).What would you do If you were in my shoes?

Usually one-person team will be a disaster because they may not be always be available on all days of the week to clean.

People love repeating that line because it sounds inspiring, but in the real world it falls apart fast so...Let’s talk about both sides of this.The harsh reality nobody wants to hear is that flipping will expose every weakness you have i.e. financial, operational, emotional, all of it.

As in all things in life (like choosing a spouse)for instance, it's incumbent upon us to examine our individual personalities regarding whether a proposed partnership would be a good fit or a disaster in waiting.In 2007, when I lost more than $130,000 in the stock market,I learnt a permanent lesson that stuck with me till today.I discovered that I was a control freak.I needed to always know how my actions directly related to my results, and most often like to retain the ability to change my mind even if others would find such reversal a stupid idea.Seeing how much control I didn't have on how my stocks performed in 2008 despite all the information I had consumed for several months regarding value investing and how to analyze a company's fundamentals scarred me for life.It made a real estate investor out of me.The safety and assurance that I was taking sole responsibility for the calls i made and the risks I decided to take was a calming refuge.Having been a Pro-member on BiggerPockets for as long as I've been has its perks.It gives one a front row seat to see in slow motion the interesting evolution of the component parts that make up this mammoth industry.I watched in amusement as one member arrived as a total newbie in 2018 with a welcome post, voraciously consuming unsolicited counsel on the member forums for a few months and then posted a "success story" of his deals after 6 months.Within a year, he had his own podcast and is now buying large apartments as a syndicator pooling investors' money.To be clear, this is not a hate post.I certainly do not begrudge people "crushing it" in record time.Nonetheless, as a 'senior' member of this community who has seen this movie before,I do feel a lonely cautionary voice in the wilderness is needed at this point.We are in an environment of unprecedented cap rate compression and record low interest rates which is only headed in one direction after this is all over.Yes, make no mistake, the music will soon stop.That has very little to do with an upcoming election and is regardless of who wins the White House or who controls congress after November.If you've listened to Kevin Bupp and Rod Khleif, you know what happened to their portfolios in 2008.These were no amateurs, as a matter of fact, they had many years of investment experience when the music stopped.They both weathered the storm and came back stronger and that is why I remain a shameless fan of both men till today.Several others were not that lucky, and you will never hear their names.In this space today, there are investors and there are educators.The educators have taken over the habitat.That is why there are now more podcasts on real estate than I can get through in a working week.Real Estate education is so very lucrative now that it is possible to make way more money from podcasts and books than in actual real estate investment for some gifted marketers with smooth tongues and gifted content creators.We are in the information age after all, and youtube millionaires are now perhaps outpacing patient real estate buy and hold landlords in the passive income/ cash flow game.Belonging to a $25,000/year mastermind and attending a syndication bootcamp does not insulate anyone from catastrophe.

Even if you buy at market or above, the rehab is a disaster (longer + more expensive than thought, the refi appraisal can come in real low and you need to leave 50% - 100% of capital in. 

It is government subsidized, which means it will be management and paperwork intensive - especially after this disaster.