However, a surprise occurred with title that drove up our acquisition cost to almost $120k.

Not surprising.

Jorge was surprised how lean they could operate (sounds like this should have done sooner).

@Eli Fazzo, Almost every location is going to have some surprises that you just have to factor in when looking at investing in real estate. 

If not the tenant may surprise you by claiming that they can't.

I'd be surprised if there was anything substantially more than this that took place, and I'd be shocked if it caused anything to change for 2025, only 2026 onwards (for major things that is).Which is exactly what I call guessing  ;) 

It wouldn’t be surprising if they were forced to close their doors entirely.I’ve also heard horror stories about lenders backing out of deals at the last minute, leaving clients with significant financial losses and lost opportunities.

Stack, a fact which should come as little surprise :) An eventual future bill now seems likely to prohibit conversions in Union City alone. 

I don't want to be surprised though as I go to buy additional properties just to have them say that I'm taking on too much debt even though my income can support it so long as I continue taking in rental income.  

I'm surprised there's not more legal guard rails in place for these types of deals given the large amount of $$ involved.Curious when a non accredited investor is let into an investment that states it's open to accredited investors only, how does that make sense?