It doesn't happen often at all.We run such a tight ship, we rarely have issues that need attention.

If you do most things right, most issues are mitigated and it's not too bad, but there's no guarantees.

There are probably a lot of hidden issues wiht the house.

Many times the tenants are income based and pay 20-40% wherein only 60-80% may be guaranteed.Aside from the rent percentage issue is pride of ownership.

Numerous times I have been able to think through an issues that arose on a construction site and saved the Owner by proposing an alternate route to resolve it. 

Most STR markets have seasonality, and there are untold issues in the future that will effect cashflow. 

Hi Michael,I agree with Bruce that rephrasing other people’s content can be risky, as it could potentially lead to plagiarism issues, and it doesn’t establish your business as an authority in the field.

Based on your first fix/flip, it sounds as if you don't have any issues doing moderate rehab.

I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.

The issues can be local so look for someone in your area who is posting and try to contact.