I guess be happy it’s only a couple months and a cheap lesson learned?

ALL of them were residents in Tokyo and took advantage of cheap financing.  

If you buy real estate, you will spend hours and days and weeks and months of your life dealing with it… Home repairs, guests,… An investment really has to be pretty amazing to sacrifice all that time for itThe houses I own I bought many years ago at dirt cheap prices and dirt cheap mortgage rates.

Airbnb types are seeking cheap and deeply discounted.

This has pluses and minuses.If your property is bulletproof such as no framing - cinder block construction, cement floors, gloss white paint slapped on the walls and a cheap window mount AC, then you are in a prime position to make money with S8. 

They are not cheap.

Cheap properties look good on paper but rarely perform as well as more expensive properties.

I like the cash flow, but I don't want to price anyone out of the market for a cheap house.

The one thing I will say is that in reading a lot and watching a lot of podcasts the one thing a lot of the more prominent investors who have 500 plus units say is that the one thing they regret is the deals they flipped early for cheap profit or the deals that they sold and did not keep.

These cheap arse customers who want to buy materials so they can get CC points are not going to do any of the above.