Quote from @Jeff Calcaterra: Update? 

I make my regular interest-only payments for the first 7 or 8 months, and my interest-only period lasts 5 years.

Do they update them yearly?

Quote from @Katie Camargo: Recently closed on an older property that needs some updating.

@Jay Fayz Do you have a source of regular income? 

- If the Association Fees are regularly increasing or the Association is poorly funded - SELL.3) How much of your TIME do you want to invest in all this?

I regularly get sent underwriting on value adds in excess of 20%.I do not do work intensive value adds to flip so my acquisitions have slowed significantlygood luck

Whether it's a private chat group, email support, or regular check-ins, make sure there’s a way to get ongoing help.7.

Wilmington on the first Thursday of the month from 6:30-8:30PM. ccreia.wildapricot.org (this website hasn't been updated to reflect the change)NCREIA also meets monthly in Wilmington https://www.ncreia.com/Events.aspx?

Everything went wrong with this investment:
   - Took 4 months longer than expected
   - Cost $10K more to build than we anticipated
   - Sold for $20K less than we anticipate...