Hi @Stephan HaasRich dad poor dad, for me was a great book.

Many of these deals won't go poorly, they'll just go less-well than ones where experts are doing the analysis and underwriting in something that is their area of expertise.  

I bet it's fewer today. 

I've had issues with leaks caused by poor satellite dish installation.

Im halfway through reading (listening) the 5 books that Brandon Turner recommended in a recent post:- Rich Dad Poor Dad, - The 4 hour workweek, - The total money makeover, - The Lean Startup, and - The One Thing - The Surprisingly Simple Truth Behind Extraordinary ResultsAnother book i recommend is The ABCs of Real Estate Investing by Ken McElroyAnyways hopefully I've informed some people who will find this useful!

It's a guaranteed bet to have people lined up to rent.

From looking at a Rehibilitiion Condition property in my area the cost of the upfits (~20k per door) seem to make this investment a poor one.  

If I was a betting man, he may have sensed you were trying to treat the loan as commercial versus residential.  

Some are flat-assed broke and very poorly run (no sarcasm on that one).Technically you should have been able to review those docs prior to closing, and even now after you've closed I think it's pretty industry standard to to be able to access that info, but they may require you to jump through some hoops and pay for it.

I have been investing in the stock market for as long as I can remember and my second read of Rich Dad, Poor Dad made me deeply revisit what I want in this life.