About a month ago we stopped receiving hot water in our showers. . . .If the hot water was OK before and suddenly "went cold" a month ago, something changed a month ago.

The median net worth of homeowners surged by an inflation-adjusted 15 percent from 2013 to 2016, according to the Fed, while renters actually became poorer over that time." 

Sent extension agreement and suddenly sellers went mute. 

There has been and will continue to be a surge in Class C and workforce housing demand, which the new A inventories will have little to no affect on.

The second deal turned into the BRRR strategy even though my original intention was to sell outright and that got me thinking that even if I INTEND to sell, I might have it for a while and suddenly long term quality becomes more important.

Shooting from the hip here, but condo fee (-$100), routine maintenance and capex (-$100 monthly), vacancy (-$50), taxes (-$100), insurance (-$40)... all of a sudden, your $1k rent is returning you like 600 a month, or +/-7k a year, or +/-5% returns.Oh, AND you can't afford to have a property manager, so you have to do all your own tenant placement and management!

All of a sudden Gross Rent / Cost Basis is now much lower than 1%

Many fly-by-night operations will talk a real good game but then suddenly stop responding or 'not be able to accommodate you' if you ask about coming out to see them.

I can't picture myself stunting my entire lifestyle through the prime years of my life just to suddenly come into financial freedom when I'm 65 and less able to enjoy it.

Or the bank got taken over and all of a sudden your dealing with a successor in interest like Rialto...