The biggest challenge will be with the one long term tenant.

However, we are taking over from a PM to self-manage and are inheriting the current setup.Our biggest concern is that this first communication from the tenant was a sob story asking for $500 back/off rent.

The WaMu collapse was the biggest bank robbery ever, committed by Jamie Dimon & Sheila Bair.

That is probably the biggest difference overall along with the 30 year loan term here being most common. 

I understand the concept how you have described your services above but the home was not "rent ready" or had the number of rooms advertised and that is the biggest issue here.Our contract was about a year ago and the reason why I am responding now is for two reasons 1) to warn other buyers and 2) because a potential buyer of yours actually reached out to me and suggested that I post my story on this platform.Keep on responding Katee.

One of my first--and biggest to date-- blunders in real estate was working with a contractor that I deeply connected with. 

My biggest advice for people would be as follows.Know why your in the real estate game, and why a specific niche.

Paying off the mortgages negates one of the biggest benefits of investing in real estate, leverage.

It sounds like the biggest fear is getting funding and getting started without making a big mistake.

If not I will consistently update here to create the biggest outreach I can considering my age!!!