I see HML fee's ruin profits ... on deals like these.. so to get your money lined up like she did was very smart as well... those two things gave her a huge advantage and took what would have been for most a break even deal and put 19k in her jeans... :)

All it takes is one call on a weekend to ruin your day and make you regret your decision to invest in rentals.

Darn you, evil flippers for ruining it for us.I remember last year when I still had my mortgage company an account rep from a local bank came in with all these flyers about getting a business line of credit.

If the tenant did any damage or ruined the carpets then the owner has to pay for this to get repaired.The owner is taking all this risk for $58/mo.

If nothing else, maybe you could go let it out  a couple of times to avoid having it ruin your floors.  

It is as if these people are intentionally trying to ruin their city.

Unless you get a big government grant money from your buddy Newsom the laws are too tenant friendly and another event like COIVD could ruin you, too much risk for a low cap rate stateI am from California so I am not a complete hater but I would never buy in California unless I was receiving subsidizes from the government.

Instead you are going to ruin relations with your tenant over $200. 

The water dripped through the ceiling and onto the hardwood ruining it.  

I know the experts that screamed about the 20-30% decline in 2020 and again in 2021 didn’t refund any money for the lives they ruined talking people in to selling or out of buying.