Originally posted by @Elaine Lee:and my dad even almost finished one of the two including plumbing/shower and drywalls (he is not licensed but he gathered a lot of skills/experiences as his hobby over the years, if that makes sense...)Oooops....When you pull the permit and the inspector shows up, he will absolutely notice the work that is already done.

There were many naysayers when I started out saying negative things like...It's a hobby, oh you doing that real estate thing, tenants will trash the place, etc....So now I SMILE and keep it moving!!! 

I build custom cars as my hobby, so I'm the last one to ask :) I dump stupid $$ into my cars because that's my vice..... don't travel much, don't buy nice clothes or eat out a lot...for me that my one "stupid decision" with $$...everything else I'm pretty good with...About a year ago I bought I used 2016 Challenger Hellcat for 55k.....20k under the original price...had 830 mi on it....and I paid cash....was that a stupid financial decision....yes....but oh boy is that car FUN :) and its was a "treat" for myself.... life is too short to make every decision in life about $$... you cant take it with you.My daily drivers are different....buy low mileage used majority of time....majority of time with cash, but if I can get a really cheap rate I'll finance it for awhile, use my cash to make other $$ and pay it off quickly....but did buy my wife a new 2013 Eqiunox because that's what she wanted and "happy wife, happy life" Is no jokeBottom line.....vehicles are horrible investments...so just make sure you make the decision based on the right reason

3bd, 1.5bath, 1124sqft, on ~.2 acres with 1 car attached, 2 car detached garages (nice selling point given my hobbies)Reno Plan:Home is mostly cosmetic issues. remove popcorn ceilings. remove carpet and refinish hardwoods underneath, bathroom and kitchen updating, landscaping, gutters, trim and paint, and some work on the detached garage (new roof).Doing 90% of the renovation myself as I have done work on homes with my dad in the past. targeting a budget for 15k for materials and any surprises that I need help with.

Account Closed if you're working full time already I wouldn't advise you to take on hobby-wholesaleing... its super competitive out here and your time, energy, and money are better spent elsewhere in REI. 

Business GoalsGrow to 500 units owned by end of 2019Synchronize my brokerage, property management co, and construction company so that they all can feed off each other, thus making the growth of each other much more fluidFocus on and fine tune my systemsPersonal GoalsFind balance in my work/personal lifePractice more yoga and meditation Spend more time learning a hobby that both my girlfriend and I are both intoParticipate and rank top 20 in Worlds Toughest Mudder

For example, I came from a strong computer science background so I picked up app creating as a hobby, took me a little over a month to learn what I needed to start designing an Android app.

It's just a hobby. 

Some times hobby landlords think they can keep tenants longer by supplementing there tenants rent and will charge $50 -$100 below market.

I have a lot of hobbies and they are usually waiting for me, always.