A recent article on the results of the Lake Co Indiana Tax Salehttps://www.nwitimes.com/news/lake-county-rakes-in-million-in-tax-sale/article_2b4e9263-66f7-58bc-b0aa-eb3e0e8b888f.html“I believe it’s so much higher thi...

I thought I could close with the TCO/CO in place?

Things I was unaware of prior to getting in: backflow preventers, how great coin-op laundry is in a multi-family, and how often people leave nice things behind. 

Some multifamily properties have coin operated laundry machines or additional storage space tenants can rent. 

They make some coin off of the leasing but not huge income.

Do you have coin op laundry?

BP author just coined a term and you have newer investors who thinks its some new shinny objectas long as your local and can stay on top of the work .. that's critical doing this from a far is were you will hear the horror stories. 

Hyman Minsky was an economics professor who coined the, "Financial instability hypothesis", which essentially says that stability itself is destabilizing. 

If it goes unchecked the crack will widen, the wall will continue to buckle to the inside until, a few years later it fails and collapses to the inside.Rule of thumb is when you can stick a coin in the crack you have a problem.

I was on the failing end of the coin.