And if you are not in a position to refi quickly or cash out the loan then you too take on a risk.. thats it thats the whole enchilada when it comes to sub 2.

Building a Consistent Pipeline of Distressed DealsOne of the significant challenges in scaling your operations is ensuring you have a steady stream of promising distressed properties.

I continue to see new platforms promise ease of use, lightning-fast approvals, and streamlined processes.

Found a property which is Sheriff sale, really promising.

Hello BiggerPockets Community!
For real estate investors and developers exploring Carlsbad, SB-423 offers a streamlined pathway for multi-unit housing projects. This California law eliminates much of the red tape by ...

A bad manager can quickly turn a promising investment into a headache.Pro-formas look great on paper, but if the property isn’t managed well—poor tenant screening, long vacancies, maintenance issues, or hidden fees—those projected returns can disappear fast.

No market can promise you this.

I can promise you that my first deal was TERRIBLE, but I lived at a reduced monthly cost to living than renting/buying a single family and that is what mattered. 

A true levelized cost of energy (what the true price would be if it were an actual free market) gets very complicated quickly and it's basically impossible to calculate accurately due to the energy industry being so heavily manipulated by incentives from the government for so long, across all forms of energy. 

I mean even if the IRR is trash and the cash on cash returns don't come back as promised.