That means if a tenant leaves once a year I have two weeks to get someone in before I go in the red.

Real estate for the last four years was betting on red or black but the ball was fixed to win as it was nearly impossible to lose.

Turning your little green houses in to large red hotels.

The ones who bought cheaper properties trying to fix up had mixed results with one getting hustled by a contractor and definitely going into the red.

I'm a local Baltimore realtor and I know for a fact that this market is red-hot and everything, and I mean anything, can be sold for the right price.

You will always get more money listing it but sometimes it takes a bit longer wind has a little more red tape.

That's Property Management 101.If your PM didn't have this lined up and didn't make you aware of this limitation upfront, that's a red flag.

I think Collin is being a little tongue in cheek with the Boone's Farm comment.I work with a local, large wine store, wait for their semi-annual sales when they compound discounts and buy 2 cases of each (white & red) for the largest discount.Basically I'm setting out wine that retails for $11-12-13 that I have paid $7-8 a bottle.  

To find deals that make sense, you need to dig deep, get creative or create large value add.

However the owner comes from corporate world and they started out doing deep dives into markets and moving Hedgefund type portfolios between large investors.. they then decided to offer there service to smaller turnkey type and one offs..