The extremely low interest rates of a few years ago, made it possible for investors to buy Class A properties and rent them out and at least break even.Many investors also hopped on the STR wave and made cashflow that way with Class A properties,With current rates, investors are back to the "norm" where Class A rentals don't cashflow for 3-5 years.So, investors are now looking at lower Class properties for cashflow, but many FAIL to properly understand the higher corresponding risks.

I got a call yesterday from restoration company saying they will send it to collection if I fail to pay asap. 

If you fail to follow the rules, you may open your personal assets to a lawsuit.

If you fail to follow the rules, you may open your personal assets to a lawsuit.

Most Veterans fail to refinance their home because it has a low rate.

If you fail to follow the rules, you may open your personal assets to a lawsuit.

One way to fail is to rely on a real estate agent to give you a definitive answer on rehab costs. 

The example above will keep you poor in 20 years.Why do you keep referring to property examples that failed, as if they are the norm? 

Now of course people will respond to this post that they did it, but there are also 2M+ people on BP and I would be curious to see how many have tried and failed? 

The old ones with old refrigerant systems fail practically never.