Disappointing second post.

Like Bill Gulley   states, save some $ and disappointment by listening to BP podcasts, read books and learn for free from all the free resources that are out there.  

Long after the contractor is paid and gone I always find disappointing stuff like poorly done trim or out of square walls. 

if you think there is going to be a 20% drop in real estate prices in the Bay Area over the next 2 years, you’re going to be sorely disappointed. 

The one property manager that we have found has been disappointing to say the least.

I don't know what CA tenant law says but when I looked into doing it for PA I was disappointed to find that it wasn't allowed.

If you telescope out 10 years and know with 100% certainty that it is a path of disappointment and regret, and if we define risk as “the likelihood of an irreversible negative outcome,” inaction is the greatest risk of all.What are you waiting for?

It’s agreed that lower demographic properties have greater volatility and a much greater chance of having a disappointing (if not outright negative) ROI for longer stretches, due to evictions, turnover, lack of good tenants due to high unemployment, and general social pathologies and bad financial habits among the lower-income tenant group.

I do not want you to loose money --in first deal and get disappointed - first learn lot of things -- Contracts, assignments, transactional funding, Hard Money, Repair Costs , Soft costs etc-- Marketing Extensively --how ?

There's conservative and then there's ridiculous.The larger point here though is that anyone thinking that maybe they can stretch a little and go for a commercial loan on a larger property is likely to be disappointed when they go searching for money - especially from traditional banks.