Need less competition than plain vanilla houses. 

Well needless to say, the PM and owner didn't know about it right away and proceeded to rent out the unit.Weeks later, the new tenant complained of a growing stench in the unit. 

I set up alerts with my agent to receive an email when a property fit my certain criteria, however when I would text/call him to go check out a property he would always tell me we can check it out the upcoming weekend, needless to say I missed out on a lot of potential properties because of this.

I set up alerts with my agent to receive an email when a property fit my certain criteria, however when I would text/call him to go check out a property he would always tell me we can check it out the upcoming weekend, needless to say I missed out on a lot of potential properties because of this.

Yet he still allowed the lessee to record a UCC on title for $1000.Needless to say, he couldn't run the place for s*** and just walked since he had nothing into the deal.  

Needless to say, a three month project took me six months, and a $6,000 rehab cost me $13,000.

Once the property is under contract, needless to say you will need a detailed inspection by a licensed inspector.

It also helps you because you need less liquid cash for emergencies when you have a HELOC that can be draw against when needed.

Needless to say, once the loan closed I was on my own.

Needless to say, unless prices go down, the spec houses are not going to be an option for us.