Cost of doing business and making a mistake...learning experience.Be careful with what you consider "market rate"....

You've definitely come to the right place to build connections and learn, but you want to pair these forums, books, and podcasts with in-person real estate investing meetups in your area.

We have learned over 8 years most times whatever gets left gets used and/or taken. 

Full Occupancy: The property achieved full occupancy within three weeks of listing, with strong tenant demand.High Cash Flow: The property generates $5,570/month in gross revenue and approximately $4,690/month in net profit after operating costs.Effective Use of 1031 Exchange: $300k of the total $420k investment was offset by the 1031 exchange, minimizing out-of-pocket expenses.Long-Term Stability: Designed for durability and versatility, the property is expected to cash flow for decadesLessons learned?

Hi Daniel,I would like to learn more about this method and connect with other investors if you could point me in the right direction.  

The plumber will likely have to cut open the ceiling to confirm and make repairs, so you can save a little money by learning how to do that yourself, confirm the problem, and then call the plumber for repair, then patch the ceiling yourself.As Jonathan is trying to point out, it's important to expect these things and have funds on hand to deal with them.

Looking forward to learning from you all

I've been doing rentals for close to 20 years and I just learned a new trick that some people probably already know about but it wasn't something I'd seen before.  

There's a ton to learn and no better place to do it.

I have no idea how Sheriff sales work but I know that some people do well so I am working on learning more about them.