I also probably wasn't as educated as I should have made myself, so I'm sure there were decisions that could have been handled better.Part of the reason I wasn't willing to deal with the hassles was because I had 3 young kids. 

Educate yourself on those, and as long as Cashflow stays positive, appreciation is nothing more than icing on the cake.

I will not respond to all  participants, but this has been a very educational read. 

I'm sure there are many more experiences where the contractor hasn't fulfilled their scope of work and gotten away with rushing the project to meet the deadline, And, I don't want to be as naive to say that I'm that 1% who can have complete quality/operational control, but I'm confident I can establish a system and hire independent inspectors to review the contractor's work. 

You seem to not want to take it as intended (to educate) and I am not sure it that is name calling or whatever it is.I do wish you would take the time this week to do the effort to properly estimate your maintenance/cap ex for a sustained hold. 

Am excited to venture into wholesaling and I've been educating myself on terms, technique, and form of going about it. 

In Texas we can go inactive, so no Broker, no selling, no MLS access,  but you still have to keep up your education CE hours and such. 

This initial conversation before the owner has a property can be very educational especially if the owner is out of state or has never been to our city.

Some investors requested redemptions a year or two ago (before we learned of any trouble) which were not fulfilled. ya sounds like bottom feeders coming in to pick up the crumbs.. good luck with it.

And with triple-net properties, if the tenant doesn’t renew at the end of the lease, investors can suddenly be stuck with an underperforming asset.That said, with the right education, partnerships, and risk management strategies, even these “dangerous” investments can be highly rewarding.