I think it comes down to if your willing to make extra time for it.Building strong relationships with your power team is the key to any investors success, whether part-time or full time.

The economy is powerful and business people, while feeling independent, are needing certain economic support.

If a job is to be completed in a week, you're not really looking at any significant delays, but 90 days or more could get into some issues.These penalties will exclude bad weather, additional work ordered or required that are unforseen and issues beyound the scope of work or control of the contractor.As Chris mentioned, you need to look at your relationship as a partnership, a team approach getting the job done.

Zoning is next to impossible without some deep pockets to support attorney fees to fight zoning boards.

Plus, your expenses do not leave much room for debt financing. yes, I know you choose to pay all-cash, but you must have alternative strategies which would allow for debt financing in the event you needed it and if a building does not support that, you may want to look elsewhere.

Im mostly just interested in building equity from mortgage pay down over the long term.I already have a team in place that does the accounting and repairs on my current houses, so I am prepared to manage more, and I think it's in my best interest to stretch my existing staff more.If some houses dont break even, I have cash reserves to cover it.Since I rent the rooms out individually, not the whole house, its more management work, but less risk.

Live support on there.

But the datasets that have been posted that support that rule of thumb all come from apartments, not SFRs.

Think of all the NYC, LA and SF parents that are helping support their young adult children living in Austin, the ones getting started in the music biz, etc.

My teeball team lost last night but it was a great season.