One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.

If you have to provide negativity with your comment, then please refrain from commentingWith 21 posts, you don’t get to tell people what they can and can not post.  

People coming into town to visit family, reunions, weddings or professionals on contracts.All that to say, don't count yourself out.

Now, people are fighting back to appeal the raises. 

When you say you want to prioritize cash flow over equity, you want to watch out for people honing in on that and selling you "good cash flow" deals which will be in D neighborhoods and will come with high capital expenditures and harder tenancies.

One thing in real estate and probably most other businesses is that most people including me don't know how to measure and evaluate risks.  

The great thing about BP there are different people with different perspectives and experiences.  

I've heard of people doing this, but you need to be rehabbing it enough to make it higher value so ideally you need to be purchasing something that needs some rehab so that you can increase the equity because otherwise you're not gonna have enough equity to pull out

Let people know you’re buying when you get ready to buy.

For a lot of people they will ve so overwhelmed and in shock that they just want to walk away.