(This is in addition to all the standard stuff you will read and/or that your broker is telling you. 80% of agents fail in their first two years, I'm sure there is a correlation between the other 20% & 70 hour work weeks early on.)

-They failed to realize the property had washer/dryer hookups.

If it is less than 30 days, the owner can kick someone out for failing to pay or obey the rules.

Given the size of portfolio needed that presses a need for it to be mostly A class assets to mitigate operational weight, so it could push closer to $80m in acquisitions. 

When people made statements such as this, they were already doomed to fail. 

I call this dumb debt: Quick note; the deferred sales trust can save a failed 1031 exchange( cost zero to have this option, nor does it take any of the identification property positions) (It's wise to always have a back up plan)More on Dumb debt.

I also believe you have an obligation to discloss if property is being used inconsistent with DCA record - even if attorney/buyer fails to pick-up on the issue.

Not so much ;)So now investors are feeling the weight of dog properties…be it higher interest rates, non paying tenants, property values falling, government intervention (especially in CA), etc.

There are pros and cons but i believe for most properties the cons out weight the pros.  

I'm hoping someone could explain to me what this means on the HUD Property Condition Report - pour water/antifreeze in drains - fail.