You make it sound like you're better than that and seem to think lot in society are.

Well that is encouraging to hear.

But let's be real: the cash flow you can currently squeeze out of properties is barely enough to keep the lights on and do some maintenance while you watch equity grow.The worst advice we can give a newbie is to keep hammering "just find a deal where the numbers work" and thereby pushing them into low-income neighborhoods with run-down housing stock and management challenges that most seasoned investor run from.I absolutely encourage young investors to buy real estate, but look at it as a long term INVESTMENT, which means you are putting money in, not taking money out.

Don't encourage courses and don't villanize them.

I would encourage your friend to get rid of this manager and perhaps the property.

It is encouraging :)We almost have the eviction process complete - just waiting on the WRIT so that we can move the tenant out.

In that scenario renting may have been the better path.Unless you see a huge upside where you bought it for a steal where a quick sell makes sense 2 years later, I would encourage you to think longer term - even if you move.  

Portugal is a modern society.

Stacy, Be encouraged, you're in a temporary set-back on a worthy road to wealth-building & financial freedom.

The Wealth of Nations, Adam SmithOne of the most essential economics texts, The Wealth of Nations forms the underpinning of much of modern economic theory.Capitalism and Freedom, Milton FriedmanMilton Friedman's iconic work argues that economic freedom is essential to a free and liberal society.