Find the property manager first, buy the property second.Fourth stupidest thing...when faced with any sort of realistic, honest assessment of what's likely to go wrong with a bad situation, stupid investors start the chest-pounding and bragging.

Don't be penny wise and pound foolish.

Tell them to pound sand.....they forgot to say “govern yourself accordingly”.

@Brent Paul I'm hearing similar information, I'm not naive to think clients are going to come pounding on my door.

Yes, there are times when I get those calls/texts from tenants that make me want to pound my head into the wall, as I'm sure most of you do as well, but I thought it would be fun to share some of those issues with the hopes of learning/teaching and potentially avoiding them in the future!

Tell them to pound sand !

This is an example of penny foolish, pound smart.People with money to invest will typically have money to sue the operator if anything goes awry. 

A 900 pound one.

We also did our entire upper floor of our Lakehouse with it (but a higher end LVL) & it takes a grandkid pounding/spillage & there are zero shrink/expand issues as we shut the property down in the winter so temps can go 20 below.  

Wow, thems be real pearls of wisdom.In my experience, anyone who pounds his chest and proudly insists he has the drive to succeed in this field has no real drive at all.