Conventional loans (Fannie Mae, Freddie Mac) put the brakes on doing a lot of loans for rental properties.

I was called by a friend about a realestate question and I was wondering if you guys had some insight on it.Essentially my friend had a lease with her boyfriend. Both their names were on the lease. She broke up with h...

Another risk especially given as you say this home is in need of major work - the tenant could start filing complaints against the home's conditions as soon as it is sold -  which would put the brakes on any removal process AND force you to make updates to the home for their benefit, or force you to pay fines and pay their moving costs.   

Imagine someone pushing on the brake while the other is pushing on the gas, it just doesn’t work.

Think bad fuel, dry rotted tires, rusty brakes and brake lines.

Section 8 pumps the brakes on that to a point where it's hard to even put a dollar amount on the time-suck we face when dealing with it.  

Americans’ love affair with pickup trucks shows no sign of braking.

You might be a redneck investor if - The strong smell of cate urine in a property for sale makes you smileA property for sale sign cause you to slam on the brakes A tenant threatens to call a lawyer and it bothers you about as much as them calling their chiropractor You can estimate $30K in repairs after a 15 minute walk around You know the comps of every neighborhood within 25 miles of where you liveYou have a contact phone number for every profession needed to buy, remodel or build a houseYou would rather walk a building site than a golf courseYou can lay flooring, hang a ceiling fan, and set a toilet without Google or YouTubeHalf of the employees at Lowes and Home Depot recognize you as a regular Your HVAC guy invites you to the company Thanksgiving lunch 

You can easily spend a thousands bucks just on tires if it needs them and another 600-800 on brakes.

My house is a reno for me, and I have run into a couple issues that put the brakes on things while I figured out a path forward (mastic covering 90% of the floors for example) anyway, its a fun way to make money but it is NOT as easy as tv shows show or gurus say.....