Pretty sure a second viewing gives a much clearer understanding of the whole thing.
Printable View
The big difference now is with the electronics and access to whatever you dont know via iPad's and diagnostic programs. Even a simple set of analogue gauges is alien to the young blokes. No need to know or understand what superheat is, just follow the instructions with a fancy digital instrument.
How many different gases did you encounter when you were learning? A simple old Paragon defrost timer and a Danfoss pressure switch!
Where they may fall down is hands on stuff like gas welding. They will not have to know how to overhaul a compressor, simply how to unbolt it and throw it in the back of the van. All the modern stuff, including gases are simply a number that you look up on your iPad.
It is the same thing with many other trades. Automobiles are a good example. The most important thing that they need to learn is: "where is the OBD plug?"
I moved on from having tenanted houses 30 yrs ago,little if any money in it.
All became a PITA.
Sure I had some good tenants over the years,but not many.
Switched to freestanding commercial sheds,just no comparison,but probably slightly higher risk.
Buying well,though,virtually negated the higher risk.
With make good clauses,all outgoings paid by the tenant,much higher returns,etc,they are way ahead of domestic residences.
The problem I see with any real estate investment (apart from bad tenants or periods of it being unoccupied) is that it's not as 'liquid' as trading on the stock market. It can sometimes take quite a while to sell a property, and you can't sell part of it, whereas shares can be traded almost instantly. Handy if you need cash for an emergency.
Found these on FB, designed by Russian designer Attachment 170198 Attachment 170199
Looks like the result of a fleeting liaison between a Range Rover and Chrysler, in a secluded, underground carpark. [bigwhistle]