I'm not saying it's impossible to get small, value-add MF in the Southeast, but I am saying that most people I talk to have no idea what they're up against and often have unrealistic expectations of what they can buy here for the money.

We wouldn't even offer to clean this up as lawn maintenance is 100% on tenant unless an act of nature causes damage.Review your lease and make sure this is covered for future unrealistic tenants!

Whenever I read someone say that these potential tenants are all unrealistic, they demand low prices or huge amenities, etc., it gives me pause.

This seems unrealistic.

The homeowners that are struggling right now are mostly ones that own lower-end homes that were purchased within the last 3 years (post-COVID) and made their investments based on the unrealistically hight expectations that all the "revenge travel" created.

If the seller's price is unrealistic at first, its OK because you still have leverage... the property won't hit the market until Fall AND you know more about this property than anyone else.

Investing is a supplement and a hedge, but you earn more for all of your investments, but upgrading your salary or wages year over year.Investing for the wrong reasons (or perhaps, investing with unrealistic goals) is a very common problem in RE.

Hey Daniel, Unfortunately, in this market, finding a hard money lender to finance the entire purchase and rehab is unrealistic.

I asked an agent about typical bank appraisals for similar properties, and they suggested values between $100,000 to $120,000, which seems unrealistic to me.

Unrealistic expectations will cost you money , generally money you dont have .