Logically, it would have been best long-term to renovate unit by unit, raise rents, and get it cash flowing like the other building - especially since much less was needed to renovate/update each unit -  but selling it felt like the right thing to do at this moment because I'm not actually ready to scale back on my full time job, and I don't want to embark on another series of renovations.The good news is I'm not out anything, and it's been an amazing lesson.   

Hello Michael, congratulations on embarking on your landlord journey!

My most recent purchase from HUD took 45 days since they messed up the paperwork.Very frustrating, but there will be other "opportunities" to streamline as you embark on this journey.Good luck!

If you have any specific questions or need guidance as you embark on this journey, feel free to ask. 

Hi all, I am a new Real Estate Broker who will also be embarking on real estate investing this year. 

I thought about real estate but i realized that the best way for me to be happy in whichever real estate objective i embarked on it has to be something that i can enjoy doing and of course provide financial freedom where i can quit my j-o-b and build generational wealth for my kids, grandkids and beyond!

Sounds like an exciting project and lifestyle you two are embarking on!

There is a lot at stake when you buy a property and embark on this journey to 'fix and flip. 

This is a great question and totally understandable as far as just embarking upon something new; there was a great webinar last week that Brandon Turner hosted on How A Newbie Can Start Building Wealth Through Real Estate and the first part of it really addressed a lot of that self-doubt.