All the rehab deals we had took significantly longer than expected, costed more in rehab, bank refinances did not necessarily go as planned, contractors burned us in various ways, property mngt was a nightmare, etc.

I'ma was getting burned out, and I started hating real estate.Here's the deal:67 Units, $12.2 million, 2019 vintage, mix of SFH & Duplexes.We bought this deal from the same seller who sold us a 62 unit last month.

But I’ve dealt with this for a couple of years so I don’t get burned out from it anymore.Is a high vacancy rate what’s causing negative cash flow across the country?

I allow for tenants to use gas fireplaces, but do not permit tenants to use any wood burning fireplaces.

I feel in my gut that they are trying to sell me an unwanted lien, tho they state that they are helping me get a property because the owner will not fulfill the bankruptcy.

Which often leads beginners to get burned.

The zoning report is a great idea we've gotten burned on that one before.

This will correct over time as more get burned, but until then, spend responsibly. 2) Do not listen to any advice recommending that you enter into a THIRTY YEAR agreement with a bank where you pay them a monthly payment in exchange for primary residence shelter where the only way you can meet the obligations for such a contract over the lifetime of such contract is that you househack, renting out your bedrooms to likely...strangers...until you are dang near Medicare eligible.

That might help rent increases as that inventory burns off.

Quote from @Lee Burns: Congrats and great job!