Yea you can cash $500 a month but if you have a $10k AC unit break down thats a whole year of cash flow.

The city of Cairo and Alexander County as a whole are in a very depressed economic situation.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

Often people meet at the beginning of the year and report on achievements to date.

One of the big benefits of buying the whole thing on a fixed rate loan is that one of your major expenses is fixed for a long period of time, including the cost of the land. 

I like the concept of making investing accessible and achievable. 

Over the past 20 years, the insurance market has a whole has been pretty soft, with a few flashes of hardening (after 911, and after the sub-prime issues of 2008), but nothing like what we're experiencing right now. 

I was basically lied to through the whole process.

They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.

My SBLOC requires that I pay it down to $0 once a year and keep it at $0 for one whole month.