It's the kind where you're sitting behind the pedals instead of above them - I'm sure there's a technical term for them.Anyway, I started studying and/or reading while riding and actually find myself going for an hour or more at a time and not even realizing it.

Your tenants and their kids are drinking that water - if you won't drink it neither should they.I'm not trying to be up on a high horse - I didn't know how bad the were until I saw one being repaired... no stop rip all that stuff out.

So while the oil would still be there, we would have no way to get to it with our horse buggy. 

Most PMLs are less experienced in real estate than the borrower so they need to be brought along for the ride.

Really appreciate the words of wisdom and you sharing the challenges others have faced so I can learn from their experiences.I'm probably putting the cart before the horse here given I still have a lot of educating myself to do, especially across market analyses to lock in my strategy, until I feel fully prepared to move forward with anything.

Or looking to ride it for ____ years.

My wife breeds horses and needs room for 4 of them, so we need to be rural.

If you can negotiate a 10-year balloon, you're more likely to be able to ride out any negative periods.

I can’t say I expect that to happen again any time soon… but it has been an amazing ride across 25 single & multi-family properties!!

Yes, it was a bumpy ride but I think we will be down in the mid 5s again in t he next 12 - 18 months.