@Jennifer WhiteDon’t hire “jack of all trades” for rehabs and repairs.

The trade off is tenant demographics (you have to be okay with B- to C- areas) and local laws.

@Josh Fralish Congratulations on trading in a liability A.K.A the boat for an income producing asset!

But also BRRR is popular if one can swing it with a hard money lender, but is risky, and I think relies on looking for flips.  

are these set up for trades men  who will operate out of there daily.I like the big ones that we see on the west coast that are man caves for the premium tenant storing their million dollar motor home or their car collection.. etc.. when I bought my hanger ..

@Anthony WickDefinitely need to make sure you buy... buy and build equity so later on you can trade up or refi and get more deals later down the line.

While having a trade war may not kill the US or China immediately other economies and stock markets might serve as the first domino.

I want to get into the electrician trade to build up enough money for down payments on houses, and my dad says that it isn’t possible for me to rent out a house when I am 20.

Find a jack of all trades handyman and a few specialized contractors (the realtor usually has these vetted professionals from years of working with them) and come up with a business plan. 

Both these options get us to about $12k/m cash flow in two years with not much upside beyond that, and we'd likely preserve the $2m equity in the property.If we sell it, we'd get almost max value (and 3x our equity in 3 yrs) and have the opportunity to trade up into a bigger commercial property.