Unfortunately due to the business you choose to operate incidents like the one you experienced are more likely to occur compared to a property that's continually occupied by a tenant where the water would more likely be run at a higher frequency which would prevent the pipes from freezing.  

I handle dispositions and tech; my business partner is more experienced with exit strategies and the finer points of investment.Hope this helps!

I've asked a couple questions in the slack so far and have had almost immediate responses from very experienced members.  

For experienced borrowers I can lend up to 80% LTC and 100% of rehab on 5+ unit apartment deals like this.

I haven't experienced burn out, or at least what people think it is.

Each deal comes with a different set of surprises even for the most experienced operators.Take your time and don't rush it. 

Hello @Diana Teng,If you choose a city that meets the financial independence requirements and work with an experienced local team, you should be OK.The goal of real estate investing is financial independence.

Would love to connect with any experienced investors/agents.

Of course, you need to choose your areas and decor wisely, so I recommend working with someone experienced who knows what the clients there are looking for.

Sometimes when examining the entire capital stack, its determined the higher finance charges paired with higher leverage is a winning proposition but only experienced real estate investors should be making that call.