Sellers are supposed to lose money so you can close a deal you like?

unless you're going to spend time, money and energy building a team, going to the market in person, and being thoughtful and patient, you will likely lose money. 

If everything is solid, you will not lose any pressure.If you do, you at least know you have a leak.  

You can lose respect for me for having a different opinion than you if you want, or we can just agree to disagree.

If you're going to buy for break-even cash flow, you at least need to buy with some equity or force the equity so that you're not buying a lose-lose.If you like NC, look at Triad - Greensboro, Winston, High Point - or Alamance - Burlington, Mebane, Graham.

This was landlords burning their building because the city had obtained a court order REQUIRING landlords to continue to support and operate money losing apartment building.  

Once you lose the community, there's really no way in turning things around. 

These seasoned investors are focusing on long-term rental properties rather than quick flips, recognizing the potential for stable returns in the rental market.Flipping properties is still possible, but the emphasis has shifted to quality.

Their existing fixed mortgage will (afaik) invariably have a lower interest rate than they could get by replacing it with a first position HELOC (except for promotional/temporary lower interest).I'm always against promotional low interest rates presented by lenders (for long-term loans), as if they're going to be on the losing end of such a "give-away product"!

This is for mid-range quality and minimal assembly items- what you save in purchase price you will lose in replacement and assembly costs!