This "analysis paralysis" can prevent them from acting on opportunities out of fear of making the wrong decision.I’ve experienced this journey myself.

Quote from @Tim Baldwin: @Mike Dymski, sir, you're wrong.

So, an overleveraged property that had no equity to begin with and now an additonal loss from the costs of selling.What could go wrong?

But be very careful who you lease it to, the wrong person may run it into the ground within a year.

If you don't fully understand screening or the culture, dealing with the wrong people will lead to mass turnover.

to me I view an inspection contingency as you do it and if something is wrong you present it to the seller and say "hey fix this, reduce the price OR if it was major and really bad just walk away".If no inspection was done, then its unethical but reality is its not worth a seller to sue over it.

If you're ok with roommates and generating some leases, ground rules, and interviewing folks before they move in, you really can't go wrong with house hacking.

I will go so far to say that the sub-metering was the WRONG choice for us, given the cost, and given that if push came to shove, it would not hold up under scrutiny - by tenants, in a court of law - and therefore by extension, us.

It can be painful to be on the wrong side of their sentiment.As far as LTR...I like the prospects of Sherman/Denison. 

Hello Bigger Pockets, I am hoping someone can help me figure out what I am doing wrong using the BRRR Calculator.