Landlord and property manager: I’ve been there
When I’m in need of some amusement, I’ll occasionally browse through real estate investing forums to see what’s being discussed. I often will leave with a sort of pitifu...

If you want accurate advice then you need to be truthful starting with yourself and then be willing to make the effort to include in your posts the critical information that will bury you.

You should find out what is wrong with that A/C and talk to an HVAC guy you truth about the longevity of the unit or your portion of the unit.

Tell the tenant the truth .

If you sent an accounting to the tenant you're dealing with now, did you truthfully state there was a remaining balance?

On the other hand, it could be 100% truthful but they left out the years of building a team or fine-tuning that one marketing piece that kills it.

People freak out about cracked concrete but the truth is, all concrete will crack.

In truth it’s an extraordinarily difficult way to earn a living.

Many are on the west coast, Charlotte or Florida and we're in the DC metro area; in truth it's just not realistic.Here are a couple of things to think about:The rule of thumb for most hard money lenders is they want the borrower to come up with at least 10% of the purchase price (depending on your experience, that number is more realistically in the 20% down area) with 10% of the rehab budget in reserves. 

Truthfully the slow and steady approach works so well here in these tertiary markets that when lined up with the low-cost of borrowing, you can still get good per door numbers for some of these on-market deals when you can win them.