Now nothing can be done to the house except to bring it down.Most of these issues are things I should have identified before buying the house, had I done a thorough due diligence as most of my assumptions were wrong.The purpose of this post is to educate new and aspiring real estate investors on steps to take when New Acquisitions is involved in the sale of a house.

Dot plot projecting 75 bps reduction.In other word, all previous forecasting using RRP that Fed is reducing rate is ............. working perfectly.Market is also predicting it perfecly.Everyone wins except Powell because he raised the inflation too fast and he wants to print money again too fast too lolthese guys aretruly doesn't understand what they are doing.if they keep the rate at 3.75% from beginning we would see less foreclosure.

All hands off except answering guests questions. 

Payment standards are 90% to 110% of FMR unless an exception is granted.

I cannot communicate with the tenant (except maybe via letter).

For a long term real estate investor, or one who hopes to be in it long term, a great lender relationship may be VITAL to your survival during hard times and your ability to take advantage of wealth building opportunities during good times.  

I know there are great realtors who does their job exceptionally well but do they need to be paid 3% on all transactions whether it's $200k or $600k sales price.

The people who enter the forums just want to learn with nothing to give at this moment except the willingness to learn first.  

The exception is one guy I remember telling me I was a loser and how much “further along in life” he was than me because he had bought a house, bought a car and was going to school.”

There is a reason we are called the 20% or the 2% or whatever but the exception, because most live a life of woulda, shoulda, coulda DIDNT.