WIN!!!

Doesn't mean that new tenant won't sue you and possibly win. 

If so you would be dropping $500-$1000 for every property that is in the mix which then figure out what your win rate is and it could be expensive.

As Zig Ziglar famously said, "You don't have to be great to start, but you have to start to be great."

As Zig Ziglar famously said, "You don't have to be great to start, but you have to start to be great."

I'll take that as a "win" right now for sure.

But when I got my first bill from the attorney for 3000K+ I started to worry about how high legal costs could get even if they buyers dont win.

Like pert near anyone in our bizz you do have bummers each year myself I wholesale them off when i do have to take one over.. or i might sell them on my 0 interest short term owner finance program .. which creates some rock solid paper given the assets usually need a lot of attention at that point.. for the speculation I had 2 long term land plays one paid off after 22 years of owning it for a 100X multiple  yes 100X  :)  And the one i currently have that the new CHIPS act could create a huge win for myself and partners..

Each parts of this loop could be broken and get investors stuck, therefore, Flipping is a very high risk, experience and team&networking based game, it is not for everyone, the chances to win the game is low!

Right now, winning a multifamily in these areas with an FHA loan will be very difficult.