Disposable income is very alluring, you can get new clothes, get a new phone, buy stuff for your hobbies.

In the past when I've looked for purchases cap rates were reasonable enough that purchasing listed assets on the open market was attractive.Now, having disposed of some matured assets I'm in the hunt for acquisitions again and want to diversify the portfolio (rather than simply lever up into even larger properties) into a larger number of properties.

Silver lining was a stupid low mortgage, amazing cashflow and still decent COC return for a "failed BRRRR".Moving forward not much you can do but be very realistic going into anything new, and have A LOT of comps at your disposal.

We don't own any properties where it would be better to keep the pools and we find that almost no tenants ever use swimming pools with the exception of children who use them for only a few weeks during an entire year.We remove garbage disposers from every apartment because maintaining garbage disposers was a nightmare.

Maybe they were hoping I wouldn’t notice the bad smell permeating the house, or the unauthorized changes to the shower fixtures, missing closet shelves, mold/mildew on window sills and frames, filthy oven (all contrary to Lease), and also cigarette butts and dog waste outside (both required to be disposed of daily per the Lease)….well, you get the point.

a lot more disposable income.

Another way that estate property is disposed is by a public sale, an auction, whereby they not only auction off the house but often times auction off the contents of the house, the furniture, the car, the clothes, everything in the house that's not nailed down. 

I'd just remind people once again not to flush tampons (or disposable wipes) down the toilet.

You can broaden your effectiveness as an investor by expanding the use of tools you have at your disposal. 

depending on your income, losses can be taken in the current year or carried forward to offset future income or used when you dispose of the property.