Then I also had to get architectural drawings as well- decided that since I was spending so much money we should move the laundry room upstairs and move the bathroom to a new location.I don’t know if any other post has ever stressed the BUY RIGHT but if there hasn’t been one let this be the first- Typically someone who goes over budget by so much is usually left broke and crushed under the weight of it all- Luckily I had enough cash and the ability to complete the rehab and get from under it and not let it stop me from doing other projects.Will post before and after pics shortly.

The resale value of rental property in this scenario gets absolutely crushed because the vast majority of buyers exit the market.These scenarios are particularly germane to California rental real estate that doesn't cash flow at its current value. 

Don't veer away when you see competition, just CRUSH THEM!

So if I put 80% down and this house goes from $1Mil to $700k I am getting crushed.

Keep crushing it!

Too many marketing channels too soonMany new students try to run multiple marketing channels simultaneously instead of absolutely crushing just one.

The part that does make sense is putting back on the MLS at the as-is value meaning you are crushing mostly every deal you wholesale.

I worked as the marketing director for an investment company based in Charlotte, NC from OCT 2019 to SEP 2020, and we crushed it with cold calling.

That's how deals get crushed at the time of closing.

Truth is that excessive debt can crush you.