Like @Tom V. said it's hard to imagine that a floor would bow because of tile being installed.

This difficulty is only compounded by the fact that Seattle is a very competitive sellers market, and getting any kind of deal on a multi-unit is hard enough to do, let alone one that would first allow me to sell 3 different properties before closing on the purchase.Would be very interested in hearing thoughts from those that have been in a similar position before.Thanks everyone!

For the drywall, you can use a setting type joint compound to make progress quicker.

The compounding effect of the returns when you take advantage of #4 above.

IE tenant does 50 dollar worth of damage.. landlord gets their back bowed up.. and next thing you know over 50 bucks they have a 2k vacancy..

Hey everyone I am Ryan from Tyler, Tx I am a real Estate Photographer as-well as a freelance photographer in the custom automotive world, but being around real estate and listening to BP podcast has really lite a fire for me and my wife to want to invest in the Short Term rentals. our plan is to use our equity from our home now to pick up a Vacation rental in the smokies, we are in Texas so I really looked at Broken Bow, Ok originally but that market has sky rocketed in price way out of our budget. once we get the vacation home producing a income, we plan to do some fixing up to our townhome to turn it into a medium term rental for nurse and collage students since we are a 10/15 min drive from both here locally. for some of you veteran investors does this sound like a proper way of going about getting our foot in the door of our investing? 

In my scenario the same asset would be worth 60% more (in reality the numbers would be greater as a result of compounding).When you start to consider leverage, borrowing money, to purchase the asset you receive the benefit twice.

Specifically to project cash flow and compounding years into the future.

And to put a pretty little bow on top, it’s affordable!

Individuals like Larraine live with so many compounded limitations that it is difficult to imagine the amount of good behavior or self-control that would allow them to lift themselves out of poverty.