Management of multifamily in PHX is quite intense due to the class of tenant and low rents for SFR, you end up with low income, no credit train wreck people.

I'm planning on watching it as soon as I finish watching the new train wreck on HGTV called "Natural Born Sellers" with the fake blondes and crazy bloated mom who acts like a total idiot.

It was a complete wreck.

If it is a wreck, that is more money out of your pocket.

less train-wreck midnight tenant evacuations4.

And have a tenant or two who just wrecks the place.

Being an entrepreneur is in my family and in my blood.Many people in my family are business owners or inventors.Where some people see SECURITY in a JOB I see restraint and boredom.I have always been a free thinker with an imagination and passion for creating things and learning to do things better.My first business was a car audio business at 19 years of age.I would in the years leading up to that pester this other car audio owner multiple times a week.I learned a lot from him just hanging out.He didn't mind as he knew my dad was killed in a car wreck when I was 16.College is theory and learning from people doing it everyday is real world.The first 2 years of college is just a rehash of stuff you already know.I made straight A's in high school so I already had the discipline and the smarts.After to going to college for awhile me and my other friends just didn't see spending years there when we could grow our businesses.I think college degrees are great if you know the demand for the specific job will be out there when you graduate.People that go to college think about getting into it but do not plan for the exit and the debt involved.College is an investment just like anything else and can be a bad investment if you spend time focused on the wrong majors etc.I do not believe sending kids to college to "figure things out" while they rack up huge student loans that they cannot get rid of through bankruptcy.

Failing doesn't just mean not succeeding; it can mean financial ruin, wrecked marriages and great emotional pain.Interestingly, when I read posts from people who have purchased this guru's or that guru's program and complained, most of the complaints were about how difficult it was to get their money back, and not about the quality of the plan itself.

The house was a complete wreck, every wall had gouges and holes, doors kicked in and appliances broken.

Books written on it, as well.Seems to me that the potential problem screaming to be noticed is that the original lender can invoke the Due on Sale clause and toss a huge wrench into the whole deal.The investor then has to either re-finance the original deal or (if for some reason he can't re-finance or sell) let it go to foreclosure, wreck the original seller's credit and toss the unsuspecting lease option buyer into the street.