After you paid for a hotel for your tenants for the last week while the ac, the heat or the water heater was broken.  

I think that basically sums it up.. but lets remember also there is HUGE money in the top 10 gurus..

You will want to provide basic amenities like included washer/dryer since living conditions are already less than ideal with that many roommates so you don't want the added hassle of them needing to go downtown to a laundromat. 3.

BRRRRs are a useful tool for the right scenario, but it sounds like you have the opportunity to buy a house with basically no cash in, and with probably some of the cheapest financing available.

Quote from @Devin James: True, but it's foolish to invest without a basic understanding of how to purchase and manage the investment.

-Basically it appears they have run out of money to pay investors back.

Your great credit, cash in checking and savings, and property ready to cash flow are the basic conditions to qualify.

Unluckily The “basic charge” that everyone including solar users has more than doubled in those 15 years.

Kitchens and bathrooms are always a good bet, but think beyond the basics.

Estimating rehab costs can be tricky at first, but once you get familiar with the basics, it becomes much easier.