I want to be fair and don't want to take advantage of him but I don't think it's fair that I incur the expense of newly uncovered repairs.

get about twenty catsno just kiddingyoull have to bait trap them don't poison them then youll have them in the house rottingor you can get a sonic wave and let that run them out for a couple days then seal up the outside of the building really good with that rodent foam insulationenjoy

Quote from @Robin Simon: a lot of people "learn a lot of lessons" (i.e. make mistakes)I like how you worded that so nicely....You mean ' get your arse handed to you' 🤣

These strategies can help you uncover off-market deals that might meet your cash flow criteria.Remember, patience is key when searching for the right investment property.

Whenever you take on a renovation project you never truly know what you’ll uncover until you get in and start doing the work.

That uncovered a million dollar lien.  

Also as "hot" markets become overheated, how important it was to examine the data to uncover the next "hidden gem" markets-Platform Risk - A lot of talk about setting up booking direct and how to market that to reduce your exposure to AirBNB and to a lesser extent VRBO. 

This method (for me) hasn't uncovered "desperate to sell apartment owners" but I have made a few informal "standing offers" on buildings.  

Sure there are larger and smaller ones, nicer and not so nice facilities, but the fundamentals are generally the same. 

I'd go to these sellers, uncover those that are motivated, and try to buy for 10-20% under the asking price.Prices are already down 20% from the peak in some areas.