This can make a slow month like February or March a little harder to stomach. 3) You are competing against a different type of industry than a regular multi-family property as you now compete with hotels or resorts.

This is a D area that can be good for cash flow renting if you can stomach the high turnover and crime.   

Some people wanted to be residential investors and others become an accidental landlord and just stick with it because they feel trapped.Even though I am well versed on residential I don't post as much in the past as I would get contacted with lot's of eviction and other type questions.Residential can be like the stock market in that it has a lot of ups and downs and not everyone can stomach it on a continual basis.  

If you can stomach that, pay for it, and realize it's not an investment but a luxury and still want it you should probably go for it because you really want it.

Put everything in writing and make sure both of you can stomach the worst case scenario and still sit across from each other at thanksgiving.

If you have the stomach for it, it's a very rewarding business but sometimes it can be scary, disturbing, challenging & sometimes down right disgusting.ENJOY!

And if you already lease a BMW 7-Series you can probably stomach the negative cash-flow :)No, anyone that’s make it this far into this post, I’m not telling the world they should lease cars.

If you're not comfortable, don't do it, but if you're able to get a substantial discount (which is the point of buying at these risky auctions) then it may be worth it if you can stomach it and you have the cash. 

This particular deal would make my stomach anxious, but maybe it will work for you.

You have to have the stomach and heart for it.