And on the home front, Right in peoples own backyards, something I have noticed is fast food prices are not falling like they do in a recession.

The OTAs are biting the hands that feed them as food (money) is getting scarce.

Where would you go to get food if you were a ferocious starving lion in Africa?

Besides the constant maintenance problems you at times have to consider what happens when the ref goes out for a few days and spoils the tenants food. 

Just got the fresh MLS data for May 2024 for the Milwaukee metro area:- median price for the metro area is now 341k, up 8.1% YTD- we have a chronic rental shortage, rents are up 4.6%- inventory is up a whopping 57% from last yearTake inventory with a grain of salt, because we had almost nothing last year, so 57% more is still not much.

And 2) It is like saying...Everyone eats food, so food has huge competition, so it is better to start eating rocks!

They found a cavity in the foundation with the cash mentioned in used twenty-dollar bills with random serial numbers wrapped in opaque plastic food wrap, and a sealed Home Depot Homer bucket behind it.

In my opinion, i dont think the price can get lower than now which means that from here they will slightly start going up, I reckon it might be very slow, but unless you are in a hurry to sell, i think it can be a very good investment with the years; by now, apart from enjoying the great enviroment and food here, you can also rent it, in high season you can get really good money by renting to foreigners (especially English and Nordics) that follow the spanish sun even in winter!

Feel" the true beat of the portfolio's income and expenses performance before using leverage to speed up the growth of your portfolio.Using cash only will protect your bottom line in scenario's like yours when the properties don't perform as expected as you won't be on the hook to cover the mortgage expenses.Just my bias opinion so take it with a grain of salt.I've also witnessed many finger pointing instances when others get involved.Like a new property manager, realtor, contractor, etc...I've had my share of bad experiences with realtors that threw my company under the bus and got in the investors ear to flog it at any price just so they can make a quick commission.It get's very messy, painful and pretty much turns into a disaster with the investor not knowing who to trust or what to do anymore.Similar to what you post about has happened to me and my company many times and if allowed the opportunity, we do our best to fix and come good.Some loose trust and faith and I 100% understand, but as soon as someone leaves the wing of my company there is not much that we can do because as I mentioned above, everyone else get's involved, has an opinion and the situation get's very messy.Having in-house property management is vital when such a "crisis" arises.I tried out-sourced PM when we first started and it was a disaster.We had no choice other than to bring it in-house.Hated my life for the first 5 years with in-house PM and fast forward 10 years, it has become our "golden goose" and a very well streamlined and beautiful business.From what I've seen and read on the forum and elsewhere it seems like RTR has a good reputation and what you have mentioned seems like a "worst case scenario".I hope RTR will assist you the best they can and all I can say is learn from the experience and don't give up.Do your best to weather the storm and focus on minutia.Don't have regrets and don't spend too much time dwelling on the past.Glimpse into the past to get guidance from what you could have done better and think ahead.Move forward smarter, more experienced and better.Wishing you well and much success with your future endeavors.

The same eggs are used at 5 star restaurants as at fast food restaurants.