I wouldn't even consider running an Open House on a very nice place in jeans and a T-shirt.

And if you don't know the difference between NOI and cash flow, you're probably not experienced enough to take down 22 units without losing your shirt. 

Haven't lost my shirt anyway.

He lost his shirt on that as well.

Thanks,KHIf you do a decent amount of mailings, get a permit imprint (that little square that is where the stamp goes).

You can have a great property that cash flows, has good tenants and overall a good investment. 3 blocks away, you can lose your shirt.

It's rented, but it's in a neighborhood with no off street parking surrounded by homes that are all the same, postage stamp lots so small a kid can't throw a ball and houses so close and tall the sun doesn't reach the ground.

Working on slightly above minimum wage doesnt help with school most days, so I've started looking into food stamps.

However, if you bought in 2006-2008, you pretty much lost your shirt as properties lost 50% of their value. 

Also, and while I haven't tried to permit a container building myself, I've been told by people who have that, because it's out of the ordinary for them, the city will require all the engineering drawings and stamps from an engineer registered in Oregon.