These operators totally bungled the deal and operation but still made money due to the market.2.

Since i don't know who flipped the switch, i am planning to pass on the cost to them both equally ($180 total)Let me know if anyone has a comment on that, but i do trust my gut when i comes to tenants and their issues, knew this one didn't pass a smell test.Why is there a switch for the boiler in a hallway?

Somehow they bury bad reviews on google with great reviews.For clarity, I own DealMachine (not batchleads... totally different companies).

Buckle up, and prepare for total loss, or an additional capital call or two in 2025.

Quote from @Mark Thiel: So I’m a total newbie when it comes to real estate investing outside of owning a few personal use homes.

Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).When can/should I take the excess profits out and invest them?

Doing a Fix and Flip in a flood zone is totally fine, but there is obviously added risk on the exit.

Like I said I do this but for much bigger deals and for my existing clients that are then using me to fund their deals.. and I have total control of the transaction.. these folks are going to learn the hard way. what happens when the deal does not close and the seller wont sign the release ???? 

Basically 75% of the total rents need to cover all the bills.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.