Often times we have the idea that we can just jump in and win, and as good as it sounds, short-term success and luck may not be good enough for the long haul.Having the right mindset is knowing the inner you, what are your strengths, your weaknesses, and your ability to persevere until the end.Skillset is a must, knowing it will take hard work, and being an asset and not a liability, all the which will take time and consistent effort to continuously move the needle closer to our desired goals.Having goals set, a planer made, getting the right knowledge, and following the course until it is complete.There and many distractions as well as many excuses, all of which must be overcome.From one student to another, stay vigilant, and consistent, and never quit.See the end from the beginning and it shall come to pass.Back to the books, and to our success, blessings, and prosperity.One Building Block At A Time! 

:wink: Yes, another country, but still...I'm sorry if I made an impression being weak and soft - I bet my PM and some others had the same impression of me.

The unit had to be treated twice for pests.Property Manager gave me an invoice (pretty weak one without much detail and it was their own, not from the company they used) that said the dumpster fee was about $425 (reasonable including haul-away), but then the labor fee for the trash out was over $4,000, and with a few other things thrown in, it was nearly $5,000.

A broker let us know about it and we negotiated what we felt was a fair price at $50k/door for California asset.This property humbled us as it taught us about some of our weaknesses and lack of knowledge.

This property humbled us as it taught us about some of our weaknesses and lack of knowledge.

And you are paying money and or effort based on simply a (weak/lame) assumption!

And quitclaim deeds are weak. 

Reason I mention this is because I had a business management instructor that was a part timer who managed a gas company, he was very weak in accounting aspects, but hey, an "A" is an "A" LOL. :)   

Not even close It's an occasional secondary income at best And a weak model that's destined for failure at worstLike the man says Don't believe the hype

Too many investors equate initial cash flow to actual cash flow when the correlation has historically been weak.