Nobody can afford higher prices but the majority of his voters don't understand tariffs, global trade, and basic economics so here we are. 

I basically ended up paying for the rehab twice and lost tens of thousands of dollars to make sure my lenders were all paid back. 

Another question I had however is, when/if you ever decide to sell, do you believe they are harder to sell due to it basically having to sell to another investor looking for this and not someone looking for full time living space?

However, due to the anticipated gap in necessary units we anticipate the occupancy rate will increase slightly in the future.If you're a buyer right now what all this is telling me is right now is the time to be taking swings while things are cool and before they heat back up literally and figuratively.

It's a thought of mine as well, basically following my mentors model. 

Hello @Jordan Wisser,I agree with you regarding competition heating up if/when rates drop.

basically what wheatie said, but slightly different.

I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems  sincerely empathetic to our situation.

But in reality, reinvestment risk is real.In rentals, in today's market, there is basically no cashflow available after a BRRR and you introduce tenant risk into the equation and any longterm hold will have pretty continual maintenance.  

Basically, it is clear that this sponsor lost all of their investor's money, and multiple investors claim that the sponsor lost their money, ghosted them, and behaved inappropriately.