Everyday that the property is vacant you lose money that can never be gained back.

Bites you every once in a while but win way more than you lose. 

Have you ever heard of a Landlord being sued by a Tenant and losing property?

RealityThis investor is basically going to lose it all.

You may make a quick return in a hot market, but the moment that market turns south (which it inevitably will) you will be scrambling to not lose everything you just gained;  2. 

I appreciate both your input.The minimum investment in both deals was $1,000 so it's not like I'm losing 10's of thousands here.

@Christopher Hile, how did you lose over $200k when you only gave him $30k?

Have you ever heard of a Landlord being sued by a Tenant and losing property?

You will probably lose a month of rent if you choose a Section 8 tenant ready to move in now versus a traditional tenant ready to move in now.

If your startup costs are over $55,000, you lose the immediate deduction, and the entire amount would have to be amortized over 180 months (15 years).Here’s an example to clarify:•If you spend $7,000 on startup costs (such as attending BPCon, legal fees, and market research), you can deduct $5,000 in the first year and amortize the remaining $2,000 over 15 years, starting when your business is officially active.