From my understanding of the market, this property is under-valued as homes in LA go, which gave me reason to make an offer, but blinded me to the reality that it was still not enough to cover monthly costs.

those funds for short term high yield lending could be appropriate.. in reality that's how most HML companies work they have some sort of LOC  at a rate in the 5 to 6% rate and they loan at 10 to 15% apr and make the delta..now with 450k that won't exactly changed your lifestyle but it could bring you in an additional 30 to 40k a year with mitigated risk and no risk to tenants..

One could make a decent cashflow from some of those duplexes but in reality would be challenging to find quality tenants.

So what I thought at a macro-level wasn’t the reality at a micro-level.If you run the same exercise you’ll be able to project investment returns in you’re “A” vs.

And your criteria/metrics should be tied to your personal goals in real estate, as well as the realities of the market in which you'll be buying.

Another thing i have learned I would always question something that had not been picked up by an investor and there must have been something really wrong but in reality most investors only have limited amount of money and time. 

Doctor didn't help things by not gathering more details before telling them to get out of the property.The reality is that mold is very often caused by tenants.

People tend to believe that the danger that they face in taking action is far worse than what they will likely encounter in reality.

In reality it can be much more or much less depending on your state and county.

It is the sad reality here these days.