Those landlords sometimes feels the pain managing property outside the state.  

@Neal Daftary-I think self-managing a duplex from 1.5 hours away is going to be a huge pain.

Which ones are the most painful?

With fees and points and so on, their money cost me 16%, and it was a total pain to refinance to a 5% conventional mortgage.If you are going to do a deal which involves buying a house for $50k less than market price, then paying Eastside $10k to expedite the closing is totally worth it.Eastside funding are good people, and they provide excellent service. 

." - The Psychology of Money by Morgan Housel In real estate, it's not the smooth sailing that defines us, but how we navigate the storms.

*Listen for pain points.- Timeline.

Is the Only Way to Negotiate a Lower Price with Builders is to have a pain in the butt inspector find a laundry list of problems and meaningless in the grand scheme defects to compel them to cut their numbers to move to acceptance and closing?

I know it is painful when you have bern decreasing the rent already.  

I’m most interested to learn how people in the local area are picking their investments and how much pain they are willing to endure per unit. 

If I may ask, which aspects are the most painful, to the point that you're exiting the market?