Find something like that, maybe convert a basement to add an extra bedroom, etc.

I don't have children and am a huge dog - guy and pretty much allow all my tenants to have dogs... even PITBULLS which are so prevalent down here, I have extra umbrella insurance to cover this precise breed.So, it's 3/8 and I haven't heard from them... the non-touchy feely one texted me Saturday and said she's been busy and doesn't take well to threats or demands, which is the line I used on them when they started barking orders at me.   

As long as you have the income and structures in place to support it, this investing strategy seems like a fantastic way to scale without having to put any extra money down and just make more money (assuming of course that you're okay with the leverages).

But the lessons in this book have me wondering if finding a good REIT to invest my extra money each month into may be a better idea.

They asked if we could install central a/c & they offered to pay the extra for it.

@Joshua Norwood, a cash-out refi may be a great option, depending on the rate of your current mortgage, and your goals for the extra money.

@Wayne BrooksIt's not magic, it's simply that you can make extra payments without being left strapped if there's an emergency.

How much do you know about pricing in that area and how will you know you aren't getting taken for a ride on all the sub-contracting where the contractor can make extra money?

I won’t be wiring any extra money, if they request more I prefer to get out of this deal.

Children are more sensitive to these things and would probably grow an extra arm out of their head or something.