Don’t fall for the “I’m ultra successful” act.

The ultra high returns always come with ultra high risk - nobody knew then whether the economy would recover, or keep on sliding (like it did for the first several years of the depression). 

We're still in an ultra-strong seller's market.2.

Don’t fall for the “I’m ultra successful” act.

Multifamily syndication will require a good amount of initial due diligence on the sponsor, but very minimal time/effort once you've made your decision.50k / year will require 5 Million in equity earning 10% (if we're being ultra-conservative here).

@Michael Woodruff Unfortunately in this ultra competitive real estate market there isnt anything that you could do that 10,000 other people arent doing.

They are all charging ultra expensive products and courses.

How important the A/C is will depend on where your rental property is located and how hot the temps get there and how many months the hot weather lasts.I would just include replacing the filters as a bonus to the tenant.Filters say they last 3 months but really it is not true.This is especially if you have a smoker or a tenant with pets.What happens is air filters should be replaced if the cheap ones about every month to 2 months max.Expensive ones you can go up to 2 months.If you wait 3 as more dirt is attached to the filter it restricts air flow and won't pull in as much dirt.When this happens less air will flow through the vents and the tenant will turn the unit down more and the resistance will make the motor work harder and wear out faster.I was having this happen in my house.A/C unit is 9 years old.When it gets in the high 90's here the A/C unit was getting in the 80's.Has an A/C guy come out.I had the old analog mercury switch A/C thermostat which is off by as much as 5 to 6 degrees sometimes the guy told me.I use the Filtrete Ultra Allergen because we have 5 cats and was replacing filter every 3 months (cost about 17 bucks a filter).The A/C guy explained about air flow and that I need to replace filter every month.The high end filter will catch more particles he said and when you keep them replaced they are fine every month.If you wait the 3 months it will reduce the air flow to much with the dirt it catches.So I replaced the filter and he also checked my free on level which was fine but my coils needed cleaning.He just basically took a hose and cleaned it out after turning power off and before the 100 dollar bill was not sticking to the coil halfway to the bottom.After cleaning the bill was sticking to the coil everywhere.He said it's important that when the heat comes out the coil can cool it properly before it goes back in the house.I bought the electronic thermostat myself for 25 bucks and took out the mercury one.Now with it being 95 outside it is holding at 73 degrees just fine.So I would replace filter every 2 months at the most to preserve the motor and help air flow.On some properties the builder installed too small of duct lines for the air flow and run to the vents anyways so any little air flow restriction will make the unit hard to keep cool in the hot weather.Probably too much info but thought I would share.Hope it helps.

They call the high-end stuff Premium or Ultra for a reason.

The ultra sounds said Miles was going to be over 10 lbs... but then he came out at 7 lbs 15 oz.