Have you ever heard of a Landlord being sued by a Tenant and losing property?

I see a lot of investors buy good investments, but then they lose tens of thousands because they have no idea how to manage.

Now investors, especially the newbies, are chasing returns by going after higher risk investments - many NOT really understanding the true risks.Many more investors will be losing money and choosing to liquidate real estate - which will be buying opportunities for the better prepared investors.

This cycle has played out numerous times:Mobile Home Park Residents Lose HomesMidfield Mobile Home Park Residents Lose Court BattleLoss of Another Tempe Trailer Park Highlights Lack of Affordable HousingMobile Home Park Residents Face HomelessnessIn an effort to preserve our country’s affordable housing, it is our duty as community operators to keep Lot Rents in line with the market rate.

I detail here how my first flip essentially bankrupted me which resulted in this house losing money as well.It’s easy to blame others for all that went wrong.

You will lose one of the best benefits of the real estate industry, appreciation.

You are losing money on both properties. 

I’ve told people for many years do not rent or buy sight unseen.

A lot of those loans were made to people who never had a chance to actually pay back the loan and that resulted in a lot of people losing their homes.

So at this point, no, you cannot pass the cost on to the consumer - this would place you above market rent and you will lose money through vacancy.