We lose and there is no recovery that we see, so doing this right the first time is crucial.

Agree to litigate in small claims with the stipulation that if you get a recovery judgement you will have to right to post negative reviews of your experience.

New soon-to-be investor here. 27 years old & current professional athlete with a HUGE passion for RE.

A failed septic or a well with recovery issues could bury you ...

Entry level housing in many areas started coming off the bottom in 2009 but multifamily and other commercial sectors have lagged behind in their recovery by years and years.3.

A recession won't completely kill short-term rentals but will reduce the number of clients and the nightly rate until a recovery starts again.Assuming that your STR has sufficient margins to price aggressively so that occupancy can be kept up, there isn't that much to worry about other than a temporary reduction in cash flow.

Are you ready to jump in and buy the distressed properties then and hold on for a recovery to sell in better times.

Anything above the allowances came out of the tenant's pocket.I defer to the other posts above regarding how to figure cost impact and cost recovery as a landlord as I was never privy to that information.

Ask all of those ex-athletes who made millions but were not able to keep it.

So people are doing clear cut, but the recovery time is very long and the small stuff doesn't bring that much money either.