The reality is that with the super low inventory we have sellers don't have a reason to give you a 50% discount, so your numbers get squeezed and you will end up leaving cash in the deal.

I have been following this on the other thread and at first I was thinking yes liquidity issues but then someone said they were also giving 20% interest notes and that type of fixed debt can sink someone pretty fast if your doing this with rental props.

Well, my therapist friends claim that the latter is not too far from reality. 4.

Pic 12 (bathroom) has no vanity, just a floating sink.

Underwrite to reality, not what you hope costs will be, because they aren't going back down.Post-pandemic vintage syndications:  You are mostly right, Scott, that these investors are cooked. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I'd love to get to 100 SFRs but the reality is I'll never get there.

The basic reality is.....instead of using your extra Monday each month to pay back a heloc loan you borrowed to pay down your mortgage.....simply use that extra money each month to directly pay down your mortgage.  

In reality, you are never going to be fully prepared by watching YouTube videos on how to invest in real estate.

This is where real estate investing turns into a great area and on paper investment strategies seem great, but when applying them to reality, things can quickly change.