Actual cost takes into account depreciation so complete destruction of a property could leave you under water in terms of the amount paid for the loss.

They equate the period leading up to the time its ready to rent as the risky part of the real estate process and pay a premium to bypass that part but this leaves them with unreasonable expectations because the real estate they purchase is inherently risky.

When you leave an open question on where is a good market to invest you will get a number of reat answers. 

I have to flip an entire house to make $12k, but an agent makes that in a couple hours without having to leave their home?!?!

Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.  

Leaving someone a 401k or an IRA is a horrible burden.

The money partner leaves $10,000 in the account for any incidentals and we split the profits or the losses 50/50 until we sell in within the next 3 years.

This leaves you with having to pay tax on the FFE allocation anyway. 

If the rental income from your condo can comfortably cover your mortgage and leave you a little profit, moving out might make sense.

As long  the tenants pay the rent each month, increasing their rent will be very tough and getting them to leave will be extremely tough.