Life threatening situations are just like car wrecks-they catch you when you least expect it.

@Adrian FajardoIn a C/D neightborhood upgraded items will not command higher rent or keep tenants longer, and there is more risk of the tenant wrecking them, so it is worthwhile to defer the upgrades as long as you can if it is still functional. 

Call me crazy but if you’ve got your **** together enough to get through med school or nursing school I trust you enough not to burn down my house 😂I don’t do a security deposit on any of my homes and I explain up front that should anything get wrecked they’re liable (never had an issue).

I didn't want to wreck my credit with a short sale or whatever. 

He admitted he didn't keep an eye on the property after a while and it was a wreck. 

Nothing like a a train wreck to draw a crowd!

Usually a tear down and rebuild and the challange with that even wrecks tend to sell for 200k and up.

I love some volatility...I'll guess and say we're around 30 days away from poop hitting the fan again.Hopefully it doesn't break the march lows(I don't care how far it drops myself, but hate to see people get WreCKED)

Wow the place was a wreck but the more people I am talking to it seems to be the case when you purchase something off market.

The "infinite rate of return" is not considering the fact that you have to have some liquidity left for reserves because the cash flow simply doesn't come in fast enough to handle the sewer line repair or losing 3 months of rent while restoring your wrecked property after a problematic tenant.BRRRR is a great strategy, but most of the time, people don't look at all of the moving pieces.