Over time, I discovered mistake #2 was not buying them right.

@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Nobody forced you to buy a property as a investor you are entitled to do your own research and due diligence.

I was trying to work with them to buy more property in different markets and get it under a Master Lease with them but they have been really picky.

My method has always been to call every listing that hit 90 days on market in areas that I want to buy.

You should just buy in Georgia...that’s it!

I believe he shouldn't have let you buy this building unless you fully knw what you are getting yourself into.

We are in both of those markets for fix and flips & buy and holds.

And even if they do, they have to be fairly motivated to be willing to do so (even if you've built rapport and all that good stuff).If they are motivated, usually that means the property needs work and they almost certainly won't lend over and above what you buy the property for.

Interest on a loan used to buy or improve a rental property is ALWAYS deductible against that rental property.