@Jake Greener Our first Airbnb is a house in the middle of the Virginia mountains.

Stick to your numbers is the standard advice but let me ask this: In a 2.50 T10* world where there's a planet's worth of capita dying for yield (e.g. pension plans trying to hit their return targets), why do you think you can earn 4x+ the T10 rate for an existing property with rent paying tenants in a smoking hot employment growth market? 

those could be/are big assumptions, equivalent to "what if an asteroid destroys the planet?"

It's truly the best real esate place on the planet.

They seem to think they are the smartest people on the planet because of their Dental degrees.

If you didn't ask for help at any point in your career, worth mentioning is that we all share this planet together and that helping one another is much more a privilege than it is a burden.

I have never had one in 30 years of dealing with tenants.. law suits are most likely in the real estate transaction itself IE misrepresentation by a buyer or seller.. or partnership disputes..REmember who your tenants are .. and also remember there is not a lawyer on the planet that would take on a case on contingency unless you were a big dog..

Now, if the planets do align and you find a tenant for the first of the month, they should consider themselves very fortunate.

Originally posted by Account Closed:Who has lost money in the property game and how much and what advice do you have for newbies.ThanksBack when I was greener than a two dollar bill as a real estate investor I bought a quad in a very fun part of town.

Now, it's time to pay, you agreed to bite it off, now you need to chew it.You may think you have a lot of experience but I'd question that, because of your situation and looking at what you think are greener pastures.