Hi all,We are facing significant challenges with a tenant in our 'rent-by-room' property.

Our repeat business rate is >90%, so our clients are satisfied with our services.The goal of real estate investing is financial freedom.

Challenges?

They also could have a mortgage that could not be satisfied by the price and in that instance, again the bank would not release it - so again stuck. 

Sounds like a challenging situation all around I would  not cancel the deal, but if he dies and it goes to the estate and probate you may want to start looking for something else just in case...Best of luck. ...

She jumped into the BRRR method and found some unexpected challenges, but also some great successes.When I started out, I realized that having a solid network was more valuable than any textbook could teach me.

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.

I would study the listings from the top performing rentals in your area to see how they are overcoming any challenges with location.

I know that this is a long read, but I would be very appreciative to anyone that can pitch in, especially to challenge the assumptions I've made here.

The market in 2023 to 2024 is a lot more challenging than buying in 2008 (or going back before that) to 2021. - very illiquid, had buyers remorse with Class C property (Indianapolis).