BOTH POVERTY AND RICHES ARE THE OFFSPRING OF THOUGHT.
The very nature of real estate owned for income and pyramiding is that:
AS EACH DAY PASSES, YOU MAKE MONEY.
You do not have to DO anything to create the income. It just happens by itself. Not that I am implying for a moment that it is entirely work-free. It isn't, of course. But it goes on making money for you, day in, day out, month by month, year by year, by itself.
When we are offered a bargain in real estate we must never forget that we are not buying something we are going to consume, we are buying WHAT we are going to be offering to the public.
If we are to avoid the unenviable position of owning a thing for sale and being unable to find a customer for it, we must devote our best judgment to the points about the property that will most influence the acceptability of our product (shelter) when we offer it for sale. And the most important single feature of ALL property is LOCATION!
