To make a long story short. The tenant supposedly had complained for months to the property manager that the furnace was not working. The property manager brought it to my attention only once and I told him to fix it....

So if all stars aligned and you were in it for $185k + 36k you are at $221k - just lost $1000.If it needs $75k in work I would probably be around $85-90k for that home.

It’s easy to get lost in the details, but make sure you’re thinking about things like taxes and fees in your state.

I backed out and lost the $450 inspection and gave my realtor $100 gift card. 

The couch is very bad, but fortunately many pillows and throws so we were able to make the comfort acceptable!

Fortunately, all parks are well-lit, making summer evenings perfect for visits.

We love investing into properties that we can hold long term and we have been fortunate enough to have great tenants through our intense vetting process that stay with us for long periods of time.

I quickly learned when I lost out on a deal that was ideal for my situation by waiting an extra day to reach out. 

Given all I’ve done to advocate for you on this investment, one would think I might have gotten the courtesy of a heads up.Given the tenor of your post, a reader would think you lost all your principal on this investment, when in fact, you lost none of it.

I have been sued multiple times by tenants and never did a thing wrong and never lost a case.