I wouldn’t really count too much on living off just the real estate- I see it as icing on the cupcake. taking trips, paying personal expenses, etc. real estate can be a business but it’s not really a business, it’s definitely helpful. 

Is the freezer all iced up?

The landlord friendly laws here are the icing on the proverbial cake. 

And never buy one with an ice maker for tenants. 

There is a paid boat launch, fuel, ice and vending sales that is not currently advertised (only word of mouth).

I like the path of acquiring real estate and having your spouse claim REPS status.But this only applies if you acquire real estate as good investments and the tax refunds through REPS is icing on the cake.best of luck! 

Because I buy houses on Subto.The only thing I am really interested in is the mortgage payment I’m taking over.That’s why it’s called “Subject to existing financing”.If I can cover that with rental payments from the tenants I put in the property……and I ALWAYS do.It’s effectively free money.So I get to own a property without using any of my own money.AND……there’s no credit checks, no credentials needed, no tax returns to submit and no checking of my bank statements.It’s the dirty little secret behind why my property portfolio is growing as fast as it is.Because I can do deals like that all day long.Here’s what that means…I have a ton of properties that are appreciating in value…….that cost me ZERO dollars of my own.I have to pinch myself sometimes that it’s this good.And the icing on the cake…?

Growth/natural appreciation is the cherry, but you want the whole cake, the banana, the icing and the whipped cream. 

Destroyed newly purchased fridge because they would use a screw driver to try to break up ice after they left the freezer door open. 

Really, it should be seen as icing on the cake for something you were already going to do.