If it’s making $10,000 a month, no triplex is going to earn that much.  

It's a competitive market and most of the people that get in trouble here are ones that buy blindly without actually figuring out the numbers, etc.You'd be surprised the number of times I get asked after month one if their electric bill of $xxx or whatever is normal, and the thought running through my head is "how did you not  check things like that before you committed half a million dollars to something?"

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

You would have to quit claim deed your property from your LLC to your personal name and wait 6 to 12 months, If it was even possible.

In some cases you will find grossly mismanaged deals with bloated expenses which can easily be fixed to boost NOI or in other cases it could be that some units were offline for several months because of a fire perhaps which hurt revenues.

. - Investor reports were either not received unless I asked for them, or they were received 2-3 months late.- K-1s were not made available until mid Sept every year.- Communication is poor, I have to repeatedly chase for updates.

Quote from @Paul Lucenti: Would you rather have monthly cash flow or would you prefer a quick pay day after 3-6 months?

I made my calendar available for twelve months because OTAs tend to reward open and available calendars.

Louis went from $595 to $800 per month in rent.

We tried having the smallest washer/dryer installed, but the install team couldn't make it work.