The problem with FHA on your next one is the departing residence, it will likely require you to take a full PITIA loss monthly, thus affecting your DTI.

Returns demanded by investors are much higher for assisted living than for apartments as the loss from default is much higher.  

Instead of $1500 in training you could buy some liens and consider the $1500 you are saving as a cushion for losses.

I had a client exit his real estate business and leave suspended losses behind.  

I stick to sponsors who have at least one full real estate cycle of experience with little to no money loss...ever, conservative leverage, high skin in the game, reasonable compensation ( so they aren't incentivized to push the risk envelope) etc. 

I'm particularly passionate about midterm rentals.Outside of real estate, I enjoy working with special needs adults and education about memory loss prevention.Excited to learn and connect with you all!

Hi David,We had a great live session in this week's webinar:The Profitable World of Broadway InvestmentsAs an accredited investor, you understand that relying on a single type of asset can expose you to financial losses during market fluctuations.

The reason why nothing can target motivated sellers is that when someone becomes motivated ONLY they know that they became motivated.Nothing else can know when someone is about to become motivated.Here is the mistake so many make.Everyone assumes that foreclosure, absentee owners, job loss, relocation etc. etc = motivated sellers.If that were true, it wouldn't take you 3000 mailers calls and texts to get just one lousy deal.

I'm completely fed up and I am trying to figure out if it's worth keeping to rent out or if I should just cut my losses and sell it. 

Expenses neared my W-2 income, so that I am showing massive losses for 2023.