So fast forward, it's a Sunday afternoon and as we're literally in the process of showing the first floor apartment to a prospective tenant, we flip the light switch on to show her the bathroom and to our surprise the tub and toilet were filled with black water... first thought "WTF" followed by extensive apologies to the lady checking out the apartment.She leaves and I get Roto Rooter to come and check out the problem.

For the average investor, a few properties represents "allot" of money to them so if one is a bad investment then they arent going to "average down", there going to sell it. so where with stocks allot of investors may max out their phasing/averaging with an anticipated total position of $50k or less in an individual security and each buy in being different percentages of the anticipated total position. to try and do that with real estate where the typical rental SFR costs $40k, your gonna be in the millions (not to say its not done, Blackwater does this very thing with real estate, but their an investment firm, not the average investor).

As a contractor for Blackwater.