Right of way setbacks, landscaping requirements, soil erosion plans, dirt permits, soil compaction, Indian survey, protected Gila monster survey or brown bats,  etc etc etc.                        

The reporters affectionately refer to this as the Turf Monster and will have a separate box score for tackles and sacks by the turf. 

I checked Glass Door and Monster.

Telling people that their properties did not go up in value, their stock market portfolio did not go up value, and that their monster cash flow properties do not cash flow when all of it actually happened, happened over decades, and continues to happen is ineffective commentary. 

It’s a cash flow monster, but the expense ratio is certainly higher.Attempted to do a CF refinance 6 months ago, and it was virtually impossible.  

Congrats, @Sam Rust, on the impressive execution of your goal in such a short amount of time relative to that monster deal size.

He warned me that it was a monster rehab but he thought it could be done with the crew that he uses for his rehabs for no more than 100k.

They become this fiend, this villain that could destroy you and is probably the hardest phase of all the phases.It is during the MOVING PHASE, that you must be cool, have all your wits about you and be prepared, yet still be cordial so as not to enraged the monster that seems to be lurking in your Tenant during the MOVING PHASE (as there is NO ANTIDOTE to calm the savage beast once it takes form).

Find a lender who feels more like a teammate than just some robot who is a part of the process. 

Either way, if it works while you're living in it, it will be a cash flow monster when you move out and get the other side rented.It might not be the best analysis for a traditional rental, but you're not traditional renting, you're househacking.