We rarely hear our tenant, occasionally if she slams a cabinet, and the bathrooms back up to each other so we can hear the toilet flush occasionally if we’re in the bathroom.

I have been investing for over 30 years and burnt out with handling tenants and toilets, as I like to joke.

Leaking toilets not installed properly, gaping hole in roof, holes left in siding, tile laid incorrectly which will need to be replaced, not installing the back splash properly.

If all this were to pan out, we would plan to pay off closing costs which we estimate to be roughly $12,000 - then were thinking to use remaining $22,000 to buy down the rate to around 5.75%.

I think there is potential here if numbers pans out.

If he loses a few million on a speculative purchase that doesn't pan out, it's nothing to him.

Your guest writes a bad review to the tune of bathrooms were dirty, lots of noise, not enough toilet paper, one star (they do this because they think that you are going to write them a bad review). 

There was not enough toilet paper in all the nation for those soldiers butt's.

I have no intentions of retiring in the next ~10 years and I keep trying to remind myself that smart, diversified investments will usually pan out in the long run if you're able to ride the waves in the meantime. 

Yeah it's nice if your insurance covers the concrete your bad tenant put in the toilet, but it's even nicer when the legal team shows up to defend you against the $5 million negligence suit filed when a drunk tenant fell down the steps. ...and, the best insurance against legal action are mortgages on the property.