I avoid turnovers in fall/winter as much as possible, so I've done 15- or 18-month leases when something unexpectedly opens up Oct-Feb.  

We'd be delighted to connect you with one of our team members who can provide more details about us and address any questions you might have.

Ensure you have a buffer for unexpected costs.Risk Assessment: Identify and evaluate potential risks such as market volatility, changes in interest rates, tenant turnover, and property damage.

What are some unexpected costs?

Last year, I had to unexpectedly remodel a unit after a tenant trashed it but it led to me meeting an amazing contractor who I will be working with on future projects. 

The subtle differences between terms like “remove,” “replace,” and “installation of new” can indeed lead to unexpected outcomes.I use a detailed excel spreadsheet to clarify expectations I'd have no problem sharing I use with all my clients that I perform work for.

In an unexpected turn of events, the U.S. commercial real estate (CRE) market has seen a significant uptick in foreclosures, with a 17% increase reported in January.

Attend real estate investment seminars, workshops, or meetups to expand your network and learn from experienced investors.Risk Management: Real estate investing comes with inherent risks, so it's essential to manage risks effectively by conducting due diligence, having contingency plans, and being prepared for unexpected challenges.I hope it helps :)

There are also unexpected costs and repairs that you need to factor in.

It doesn't sound like he's tried to take advantage of you, it's just that the deal panned out in an unexpected way.