If you paid 563k and did not make money yes thats a problem.

This book introduced me to financial concepts and made me look at money and investing in a completely different way.

I would spend the money to meter the units separately.

I understand the safest option is to have a lawyer review the lease, but I figured I'd try to answer my beginner questions here and not waste the lawyers time (and my money) on the "for dummies" explanation.Thank you!

I don't have much advice as now the profits are gone and it seems like the best thing to do is to get your money out the deal and move on.  

It does take numbers to make money.  

Several economic factors are contributing to this shift:Overbuilding: Some areas of Charlotte have seen significant overdevelopment, leading to an oversupply of rental units.Tighter Money: Rising interest rates and economic uncertainty have made tenants more cautious with their spending.Tenant Behavior: Many responsible renters are choosing to stay put rather than take on the cost and hassle of moving.What Does This Mean for Landlords?

I have been investing in real estate for well over twenty years and can tell you there are a lot of ways to make money in real estate. 

I lost money on that deal, but learned a ton. 

Sale Price$171,000 - $55,000 (Rehab) - $13,680 (8% fees) - $40,000 (profit) = $62,320 MAOFrom talking to other investors and doing research, typically a Novation allow more money to the seller, correct?