The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

It was a fun realization so I thought I'd share it here.I purchased my first real rental 11 years ago off the MLS for 108k (put 20% down).

Purchase price: $255,000 Cash invested: $51,000 Second property, bought soon after the first multi-family.

Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

I enjoyed reading about your first year of investing—it’s clear how much you’ve learned.

Purchase price: $185,000 Cash invested: $35,000 Sale price: $671,000This was our 3rd home.

I’m in the process of purchasing a second home in Aspen, CO, which will also serve as my first STR property.

@Roberta Allen - i purchased with the upgrades.

I am learning a lot about real estate and want to purchase a rental property in my area.

@Mike ReynoldsSeller financing is allowable for Solo 401k purchases.