Inspect it, get you a list of all the work that needs to be done, then estimate the cost of all of that, write it al up and it better be accurate because costomers get pissed when they suddenly change the numbers.If you ever made an offer on a house you know how much work that is..Now ALL this without the promise they WILL get the bit.. but that is not all...You don't even have the contract signed.

Suddenly you'd be able to move into that better school district or nicer neighborhood instead of settling for what you could previously afford.

I started my real estate investing with a rehab/rental I picked up in 2008 for my mother in law to live in after her husband suddenly passed away.

Suddenly, your $200/month cash flow for the past 3.5 years disappears or you take out more debt, which reduces you cash flow in future months.Some people might lump CAP EX in with Vacancy and have one category called "Reserves." 

Buyers are surprised when a deal that has been going well in the back and forth suddenly dies because someone appeared  and made an agreement.

She acknowledged that we were not going to be looking at new homes with her anymore and didn’t send us any homes for sale for 20 days and then suddenly there’s a text from her noting an address of a home for sale (again in a neighborhood that we told her that we didn’t like).

That's not going over well with homeowners in suburban America, who say the surge in rentals owned by "absentee" landlords leads to a lack of property maintenance and makes it harder for local families to purchase homes.

If you're looking for a market with strong appreciation projections over the next ten years, I'd say a market like Columbus offers more potential due to the surge of companies expanding in the Columbus market.

Not the tenants fault, we just weren't aware that the tub had a small crack or something that suddenly caused a huge crack when he leaned on the edge to get his kid out.I generally try to keep at least 10k minimum per house depending on age, size and location.

Because I have experienced algorithm changes over the years that were completely unexplainable, where properties that have been high in the rankings all of the sudden stop booking with no viable explanation.