You have choices though… from being the butthole landlord who tolerates no being behind… files eviction at the first drop of the hat, to the softy that gets exploited.  

I’m all about vendors earning a living… but some use that exploitive model where the theory seems to be “If they’ll pay it, why not!”  

Because if not, now you are reliant on contractors and such, and there is a significant learning curve in this industry just around how to manage them and not get exploited or ripped off.  

With respect to the other market cycles this is what I would personally do to exploit the upcoming market cycle:Recession: Network and Educate!

Carlos mentions that you can also exploit seasonality to get comparable profits like this, and recommends some ranges to seek remodels in (thank you for sharing those!).

Usually a thorough exploitation of depreciation with cost segregation, partial dispositions, various exceptions in Tangible Property Regulations etc.

I've seen it and know people who have attended seminars where this was exploited to its fullest.

But within that same segment, there is portion that is designed to EXPLOIT beginners (in my opinion)... because they (A) know you have money to spend or you wouldn't be looking into real estate; and (B) if they put together a slick enough package together people will bite.  

How anyone could teach such greed and exploitation is beyond me.

.: @K S. here is Nike:Return on Assets   9.89%Return on Equity 36.38% To be fair if I could use Chinese slave labor, turn a blind eye to forced sterilization, and organ harvesting via the Uygur population, then turnaround to exploit, fund and exacerbate the racial divide in the US for marketing purposes and my bottomline, I could certainly juice my ROE.