Thanks city of Milwaukee, another 10k price drop to accommodate new hvac, going from the boiler system to forced air.All in all the work done to the property included:27 new windows2 new furnaces, ductwork and water heatersNew PEX plumbing along with accompanying fixturesDrywall work and insulation to remedy water damageNew roof (6 layer tear off)Refinished hardwood floorsNew cabinets, countertops, etcGutted bathroomsPaint abound Etc, etc, etcBeing the largest project I have undertaken, I ate two months of holding costs in getting the property ready for rent as I grossly underestimated the amount of time it would take to get the property ready.  

I attended an in class lecture at Ed Klopfer for my sales license, and then RE Express for my broker's license.

There were thousands of listings for condos for rent, the cost to buy was high($400,000 for a 1 bed) and HOA fees ate up any remaining profit.  

You are repeating the words of very smart people who eventually when married and had kids ate a lot of crow when did exactly what you are saying not to do. 

For good deals with reputable wholesalers, there will be lots of savvy, well-capitalized buyers that know their numbers to a tee.

You ate already ahead so just stick with it and you will be in good shape.

One layoff and you just ate a bill for a year long eviction.

I ate crap for 10yrs and this took discipline but I knew what the end results would be. 

Take the time to learn about yourself.5) If I hadn't gone to college and ate ramen and tuna for 4 years, I may not appreciate the lifestyle I have now.

We went ahead & ate the cost of this one as it's a multi unit building.