Lets not beat a dead horse here.Lets discuss how these chats can be improved for the future to eliminate any problems that you and/or others faced, instead of fighting about why this one didn't work.Thanks.

No time to horse around you need to execute a perfect plan to make this work.  

You also need to do an inspection - I had a couple of board horses on my farm and they destroyed my stalls (ate the boards and tore up fences).  

Let's not put the cart before the horse...have you asked the 81 year old Lady if she wants to sell?

The lack of inventory as well as the stalling of people moving up the property ladder has maintained the competitive market.

If you’ve followed our podcast, blog, and social media for a while now you’ll know we always preach the #1 thing to vet for when investing as a passive investor is the operator, but, I don’t want to use this post to beat a horse that everybody else has already trampled on (myself included).I want to talk about another item that killed this deal, which was the debt, and how passive investors need to understand their deals debt.Debt is the most common killer of real estate deals.A Quick Recap:For a quick recap of this story a group is getting foreclosed on 3,200 units in Texas when the rate on their $230M loan went from 3.4 to 8%.That means they went from a monthly interest expense of $790k to $1.85M!

Interest rates have stalled a lot of sellers who would be exchanging low interest rates for much higher.  

I feel I put the cart before the horse getting it repaired. 

In this case, there was a tenant in the property stalling the sale of the deal.

You may be putting the cart before the horse in trying to decide ahead of time which financing strategy to use before you find a property.