Learned that lesson the hard way.

I would love to connect and learn!

It's been a rental for the past 4+ years and makes on average $400-$600/mth Lessons learned?

Learn of course, but many of us have purchased properties throughout our career without "iron clad" veils and have done just fine.  

Regardless of the asset class, the common thread is clarity, consistency, and respect.At Robin Hood Properties, we’ve learned that balancing profit with a deep commitment to customer satisfaction creates sustainable success for everyone involved.

Only time will tell Lessons learned?

This is a lesson learned for me - I know to look for "missing" rooms for this now but I do feel that there was responsibility on your part as well.

Lessons learned?

This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?

It sounds like you have a lot of experience in this space, and I'm always interested in learning more.I think one takeaway is that this is a difficult asset class to own and operate, and just like @Jay Hinrichs mentioned, having a great team is essential!