This is for anyone who has residential rentals. With all the vacant houses on the market right now, I have seriously contemplated purchasing one for cash and using the proceeds to further fund my landscape business and purchase even more properties. In Georgia, there are MANY foreclosed/bank owned homes for less than $20K. Quite a few of them have full disclosure statements that indicate major problems like mold, faulty wiring, structural damage, and the like. The rest are comprised of houses that need anywhere from $2K-$7K in work, but the work is of a nature that I can handle performing myself. These are the ones I am more interested in. That being said, have any of you ever tackled a project like this? If so, has it been worth your while? Realistically, I know something like this will have its headaches. I am also not going into this to get my money back in a couple years--I figure 5 at least just to break even. My goal is one of a more long-term nature: a sizable nest egg in 30-plus years. Comments and questions please, and thank you.