For example, a listing in OKC that is overpriced by $50k will mysteriously have a Zestimate about $4k shy of the list price . . . fast forward 6 months when the seller cut the fat off their list price and are at market value . . . the Zestimate either trails on the high side or sits right at the revised value. 

The end result was a big fat nothing.

We will be sitting down and running a strict budget this weekend and looking at all areas to trim the fat.

This was just the first one, there will be more.Remember….Pigs get fat, hogs get slaughtered.

Same with the one I optioned at 5.5 million owned for years.. and hopefully my grand kids will be saying grand pa was smart he bought this stuff years ago and now we are going to get fat trust accounts.. thanks grandpa.

Bottom line: pigs get fat, hogs get slaughtered.

Thanks Jay,We couldn't be where we are today without your help over the years.I want a fat dinner from you heheWe can bring the girls and let them chat while we talk biz :)Speak soon mate

That said, I have not yet sold a rental property so I have not experienced the high of getting a fat check at closing.

Most of my op expenses on rentals run about 36% self-managed,  50% with a PM but I've had $30k outflow months so need a fat EF. 60% works for us but we live pretty modestly and don't have a mortgage. 

Again barriers to entry are steep but finding tenants and getting a nice fat rent check is very possible.