If you have a W2 + 401K, 401K Loan is something I hold as an ace up my sleeve.

Yes, it's time to roll up them sleeves and get to work!

Inside the building look for the tell-tale weeping bubbles on the pipes.If you are going to be digging to the curb and replacing supply, the incremental for replacing waste will be small compared to returning in 3-5 (maybe 10 if you fortunate) years to dig again.Sometimes, if the pipe to the curb is not too bad, you can insert a sleeve through it ... basically put a synthetic pipe inside the cast iron.

Good morning,My name is Desiray. I am a new member looking for an opportunity to gain experience from someone that is established in real estate. I have administrative/clerical experience to bring to the table in exch...

Underneath the tub to where the waste pops through the floor you might be able to sleeve it and roll pan or schluter up to the sleeve.

The one "ace" up my sleeve on the RE side is that I'd either be 1) buying a house hack or 2) investing with my family's RE company. 

You will have to be the one to live with/own whatever deal(s) you buy, so you had better be comfortable with the numbers that you used to decide whether or not to purchase it.To throw a wrench into the mix, depending on the area and the types of properties you are looking at, some of the other investors may have tricks up their sleeves, such as adding bedrooms or a bathroom, etc. which ultimately adds quite a bit of value to a property - which allows them to pay much more than not doing those upgrades. 

Not that piddly $100/month cash flow you'll find in the midwest.Deals are out there, but you'll need to roll up your sleeves to find one.  

They have more tricks up their sleeves than a magician!!

However I think it's bottoms out at zero - any losses become NOLs which the investors hopefully can use to reduce future taxable income.Conversely, active income applies to the landlord who is rolling up his sleeves and getting much more involved in his rental business.