I am the type of landlord who maintain my property with high standard, not cheap with upgrades and new systems, going the extra miles to fulfill my Landlord responsibilities but I also like to enforce my bullet proof lease.

There was a previous home built here so the taps are pretty cheap.

I thought if you had a building close enough to a campus and rent cheap enough for college students to afford then there was a chance to have a consistent flow of revenue.

Fix and Flip is Ideal for me as a "Part-Time" cheap laborer, for some the small and messy deals maybe outside of there target zone.

Honestly real estate isnt cheap and had some big legal repercussions so theres going to be fear but it's about looking at your first property, the first flip, or the first time you pitched a potential investor and recognizing the courage it took to take that step.

***Only exception is if an owner has plan & funds to reposition Class D to Class C or higher.https://www.biggerpockets.com/forums/776/topics/960183-what-they-dont-tell-you-about-cheap-rental-properties?

Having a license is cheap, being able to use your license in any meaningful way is expensive.

Lesson: don't do illegal things like rent out units that aren't up to code  - some people with paid off properties try to be cheap and do things like this or do under the table rent so they don't report rental income to the IRS.

We brought this up to the agents attention and quickly dismiss it saying the sellers won’t accept to create a hole on the attic, that the house is buy as it is (this was never in the terms to begin with) We offered to pay for the handy man to close the hole afterwards too & nothing. mind you, it’s not a cheap home, it’s not for closure home, seems to be in decent conditions.

I can tell you more stories of CA investors losing money on Class C properties OOS - there's a reason it's cheap.