However the operating agreement is the most critical component.

The subtle differences between terms like “remove,” “replace,” and “installation of new” can indeed lead to unexpected outcomes.I use a detailed excel spreadsheet to clarify expectations I'd have no problem sharing I use with all my clients that I perform work for.

In an unexpected turn of events, the U.S. commercial real estate (CRE) market has seen a significant uptick in foreclosures, with a 17% increase reported in January.

Attend real estate investment seminars, workshops, or meetups to expand your network and learn from experienced investors.Risk Management: Real estate investing comes with inherent risks, so it's essential to manage risks effectively by conducting due diligence, having contingency plans, and being prepared for unexpected challenges.I hope it helps :)

All of the comments are components of the "housing shortage ".

I know your maintenance costs and CapEx will likely be less with a new build property but you should be prepared just in case you have a hot water heater go out or something else unexpected go wrong.

There are also unexpected costs and repairs that you need to factor in.

I have added some of my most important components down below.

It doesn't sound like he's tried to take advantage of you, it's just that the deal panned out in an unexpected way. 

I think the big component is leverage.