3/1 detached will have maintenance/cap ex in excess of $300/month over the long term in today’s dollars.  

Kind of like todays guy Pace Morby  lots of BP folks take a shot at him but I bet he has made well over 50  million selling his system.

Knowing what i know today, I always encourage new investors to do their first investments with professional guidance if you can find it -not so much the guru courses, but a personal approach from a genuinely experienced investor in the market you are entering.

It's not my area of expertise and believe those who focus on this line of work on a day to day basis will attract buyers and achieve a 2.5-3% better result than if I were to do this on my own.

Was great chatting with you earlier today over zoom and I believe I helped you understand this property and the location and how to analyze this property from many different angles but unfortunately we discovered after looking at your deal that its a NO-GO and you will probably need to back out, if possible.

Brian from AHP Serving reached out to me today, and showed me where I was in fact receiving my distributions.

Your bank today on the loan might have sold the loan to someone else, kept the loan and the bank was bought out by other bank, not loan as much on commercial real estate anymore, etc.

The value of the market 5 years ago absolutely is not what it is today.

The other catch is the high interest rates today and doing a refi will be expensive.

The next thing I know they run up the water bill and leave town (which is today).