I've got all the documents and contracts, but the reason he is selling is because his elderly wife has cancer and he needs to cash it out.I don't think there's enough meet at a discount of $6k on the contract.

The risk you run is if they ruin the floors with dripping paint, or don't pay for the pro, then you have a mess on your hands.

This student has a great chance of paying down $100,000 in 5 years out of college, and has every incentive to do so rather than live with ruined credit for 15 years so that he can declare bankruptcy.

Smoking is a 'cancer' to a Multi Family building.

Expect the unexpectedOwning and managing a rental property is kind of like being the captain of a ship—you’re constantly working to maintain it and keep it heading in the right direction, and then, just when you think everything is under control, a giant storm comes out of nowhere and ruins your best laid plans.

Rivers and Mayan ruins.  

One of their properties went into foreclosure and ruined a number of us.

Of course not all of us are abusing the system, but the offenders among us have ruined the opportunity (in some markets) because of their greed and disregard for the community.

Fast forward 2 years: one of the condos developed a leak at the piping in the bathroom, the tenant was gone for a long weekend, and water had destroyed the commercial condos one floor below and ruined $250,000 worth of computer related equipment.  

The new roof leaked water into the dining room ruining the dining room wood floor.