Megan McGinty For what it’s worth, I’ve never met a property manager that didn’t have at least a couple of owners that were in “perpetual acquisition” mode.

They gave me $30k each and I gave them 20% of the profits in perpetuity.

You're making me out to sound like another selfish Wholesaler fitting the stereotype.

What you have to be careful of is stereotyping, someone who has a bad tenant then assigns their negative PERSONALITY traits to an entire demographic of people who's only separation is based on ECONOMICS.

is a quick way to ruin Thanksgiving for perpetuity, so it's better to put a detailed approach in place and know how you're going to be able to handle the reno and successfully exit the property.

Has anyone had any non-stereotypical experiences?

How is that any different than stereotyping due to race or sex?

@Adam SmithThink about it, the stereotypes don't lie.Millennials will pay for convenience. 

As the market creeps upward, lending practices have to loosen to keep the inventory moving but nothing can go up perpetually. 

Hi All!I'm a new member to BiggerPockets and a newbie in real estate investing.Originally from Chicago, my wife and I are currently located in Southern California though we will likely relocate in a couple of years. W...