@Ilir Livadhi I think you are referring to property wholessalers telling you how much the rehab will be - and as you see, their numbers are often not based on reality.

Their focus is actually to buy rentals for people that already have money to invest, I had to go around asking about wholesaling. 

With regards to actual demand vs ‘implied demand’, the demand for our fourplexes is actually very high.

My wife actually is somewhat open to the idea of investing in Japan though.

In my area, they actually require a little more than the local municipality and lately have been especially strict on cracked paint because they were recently sued and lost.

In all reality, if you apply your screening criteria equally, and treat people with the respect and dignity they deserve (no matter where your rent money comes from), it's not an issue. 

Or, ya know, just spend the next 140 hours trying to get a self-study law education followed by another few hundred hours self-study to sort out how to avoid repeating the situation.That's the reality of it all. 

Also reality is the only time you will get nailed for not managing deposits properly is if you use that money.

There was never a chance to actually win a car or the trip but rather enjoy the David Goggins types telling me that I'm being lazy loser, get your act together, become the best version of yourself!

Your numbers look good on paper, but do they reflect reality?