These babies bring in over 85k Gross and 72k Lessons learned?

These babies bring in over 85k Gross and 72k Lessons learned?

A fire etc resulting valid claims in excess of your insurance coverage can wipe you out otherwise.

I’m taking baby steps.

Can you afford to have the entire investment wiped out?

You may end up lopsided on a deal and you need to have the proper planning and cushion to make sure you are not wiping out your entire bank account and starting from zero 

You can also be bidding against a secondary lender on the property - where their position will be wiped out if they don't win the property.  

Generally a tax lien foreclosure wipe out any mortgages or judgements tied to the property.

@Stewart J berry tenants may not regularly seal granite, wipe up dark liquids fast enough or use trivets and cutting boards — think raw chicken soaking into your counters — so we’re fine with laminate countertops, hygienic and cheaper to repair/replace if damage occurs.

So short of a pandemic wiping out a chunk of our local population or something else of that magnitude, there is not really much that can change these circumstances driving supply and demand.And without changing the circumstances, the results will be the same.