Yet they bought a portable machine that could only wash one outfit at a time to save money.

They bought a new dryer and didn't bother looking up the electrical that was in place, that is on them. 

A friend of mine bought a new home and upon moving in, there was a massive crack in the home. 

I live in Jacksonville FL and Just bought my first Duplex in Ashtabula OH.I have a licensed Real Estate Agent, Licensed Property Manager and two Lenders (conventional and Hard).To be honest this is to be my retirement.

Purchase price: $78,736 Sale price: $115,000 Bought a house in Kenmare, ND that was freshly remodeled.

Purchase price: $90,000 Cash invested: $25,000 Bought a house this fall in Minot for $90k.

However, if you bought it and managed it as a market rate apartment, your experience would be very different.My point is, I can control how fast a unit turns simply by adjusting my asking rents.  

I think I've bought 10 houses (primaries and investments), and I've had that same "Oh crap, my chest hurts, why did I think this was a good idea?"

Doesn't that help keep property taxes lower or the owner-occupants.If 5% of the properties are being bought by investment companies, that means 95% are not. 

Bought under assessed value, slight value add through cosmetic rehab (paint, light fixtures, flooring) What was the outcome?