After the 08 crash, I started buying rentals and built a portfolio of 80+ sfh's - all three bedroom homes in areas with good schools.My mistake was selling a bunch during covid.

Originally posted by @Stefan Tsvetkov:@Mia Shlomit Does the intended condo conversion aim to eliminate rent control for the building or another purpose?

3) Dealing with Contractors: guess you found it's not as easy as the "gurus" make it out to be. 4) S8 slightly above.guarateed Rents: typical naive mistake.

I made this same mistake when I went to buy "Sweet" Corn for the dinner I threw last time I was there.  5 ears for $10. 

I recommend educating yourself as best you can to avoid some common mistakes.

Start small and Make Your Big Mistakes Early.   

I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

You must use a PMS and for the software to work you'll need to own the listings, which means you'll need to also collect all the funds, so owners' rents don't get deposited in the wrong account (Yes, Airbnb makes that mistake all the time!!).

Have 2-3 contractors look at the job and get written estimates on what it's going to take to finish the job, correct the mistakes, pass occupancy certification etc. use those estimates in your countersuit / mediation process. 4.

Where I see mistakes made in the note space are:1. companies turn into marketing and education - they lose focus on underwriting and managing their business.2.