You should never allow a wood burning fire place in a rental property to be used by tenants.

If you have turnover after turnover, you will crash and burn eventually.

The old guard gets burned out and retires.

And just the other day, I was grabbing coffee with a friend who reps a group of invsetors out in San Antonio.. they got burned early on by not clarifying their rental criteria, picking up a triplex that sounded good on paper but turned out to have a revolving door of problematic tenants.A baseline business plan isn’t just a mind-numbing exercise.. it’s the guardrail that keeps your momentum from swerving off into the ditch.

I know in business that every dollar counts but is it worth it to burn a relationship? 

Then determine your burn rate, days between call to cash, take down ability and average profit per opportunity. 

An investor with shallow pockets could get burned in Austin at this time.........proceed with caution.  

@William Burns let us know if we can assist further:)

I like smaller companies whose owners are not brand new but not old and burned out either.

We don’t burn our bridges when they get more expensive, we just use them less.