I'm also finding that a single large repair can wipe out a whole year of income, making me wonder if cheaper cashflowing properties is the right play. 

Could be some casino visits to Choctaw. 

Do some digging to see if there is something more at play or if he is just being difficult because he is a difficult person.

One small point of criticism; we were there in the winter and in the evening a lot to play a game or watch TV.

Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

This way, all investors are on an even playing field as to risk, and there is no dilution because everyone is contributing pro-rata.3.  

We started out kind of at the same time, and made similar money, both self employed attorneys with successful firms, but not huge money guys by any means.He looked at the LA/So Cal area, and said "none of this makes sense, you cant cash flow here so I am not investing here" and i said "I believe in so cal real estate, i will invest here, live here, and play the long game"So I started house hacking here in LA, and doing the more traditional deal. he rented in a place that he liked to live (by the beach, where nobody can afford to buy) and started buying stuff in Chicago, where he is from.He still rents here- but 10 years later, he owns 400 doors in chicago and could retire if he wanted to (but isn't).

Bottom line—Tampa or Lakeland if cash flow matters, Miami if you’re playing the long game, and Orlando’s somewhere in between.

I felt that the various service providers gave me preferred service having been introduced through RTR, and I had great experiences with everyone they recommended.Most importantly, I felt that I could trust my Matthew Seyoum, my Investment Strategist, to represent my best interests without any conflict of interest, and to provide sound advice after understanding my goals and needs.Time will tell how the investment itself plays out, but so far I’m happy with RTR’s service and look forward continuing the relationship.P.S.

It only takes a few years of "The Double Play" to recover that loss.