Many years ago my buddy owned part of an antique store and ended up house sitting a customers house.

Human nature has remained unchanged since antiquity.

I replaced the window in the guest bathroom with a stained glass window I found for $150 in a Salvage/antique shop off of 7th ave in phoenix, called Qcumberz.

My wife wanted to go antiquing so I dropped her in a town.

I'm not addressing cash flow here, because that's deal specific and investor specific.But here is a little tour of a "Typical (San Antonio)" (C minus) neighborhood with typical (C minus) structures I picked in a random neighborhood on Google drive around view.What (to me) makes a (C minus) area (in San Antonio) is an abundance of, Loose dogs in the street, fenced front yards with fences leaning and in disrepair, yards full of all sorts of debris (because the little houses lack storage space), antique (who knows how old) paint, neglected leaning secondary structures in disrepair, car repairs going on but seemingly abandoned, pickup trucks from the Carter Administration to the early 90's, Residents who WORK for a living, No chain of Murders, No Sal-mon in the fish tacos in neighborhood restaurants, decent nice (helpful) people you can talk to, extended families living close to each other who help each other, not unlawful in their ways.

My parents have been using the building between tenants to sell re-sale antiques (free rent of course, but saves me from having to have vacant property insurance).

Property taxes in Texas are antiquated both in concept and as a funding source. 

So I paid $450K for the building, put about $20K into fix up and then went out and found new tenants, only this time not as a transmission shop but moved it to a more retail use by placing a Bicycle and Antique Shop.

I like Grant's energy but don't agree with everything he says - he comes off as a braggart and I just dont like people like that - would never hang out with them.Anyways I do partially agree with his stance on college - I went - and spent my money - my wife got her BSN -- but in a lot of cases it is worthless - especially now - In the age of the internet, social media and if you have an ability to teach yourself and network you do not need to spend XXXXX on College -- **** I'll place an asterisk here as it is necessary for some professions but not all - and certainly the educational system has not reacted or attempted to change in the internet age - The present education system is antiquated and just wants to suck every last dollar from folks - It's broken like our healthcare system.  

I’d rather take 1-2 deals at 20k a piece per month then. is the 70% rule antiquated?