These were financial mistakes we made when we were younger, and unfortunately, they snowballed over time.We currently rent but own a rental property out of state that cash flows $600/month and has about $190,000 in equity.

They'll expect electronic payment options.8) Understanding your local landlord-tenant laws, so you don't make a mistake or get taken advantage of by tenant.9) How will you handle maintenance issues?

You can avoid costly mistakes. 

@Anthony ChanIt seems that you're missing the concept of depreciation recapture and expecting to get some refund from your previously overlooked mistakes.

Learn to manage well or your rookie mistakes will eat your lunch.

In the prior years it seemed all syndicators made money due to cheap debt, now it seems you have to be able to capitalize on somebodies mistake and get in cheap, same as buying a SFH. , now if specify those who sydincators who did  Exactly, for example we run a fund and have zero debt.

Most investors make the same rookie mistake: They focus on problems instead of people.

I've definitely made some mistakes here but I'm going to be very candid with the info on the deal, so please go easy on me haha.My brother and I purchased a property on a large lot in Culver City CA in 2020 that was essentially a tear down. 

Hopefully it’s not combined with the landlord hatred.)It sounds more like an attempt to either admit they made a mistake or have to do any work to fix their problem.  

It would be terrible to lose the home you worked so hard for over a mistake.