My partner and I don't get a cut of any of the money invested, it's a flat-fee membership club.

While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

The last time I stayed in one, I was charged a large cleaning fee and then met with a list of what to clean prior to us leaving.

Solo 401K, pull personal loan out at 50K or half the balance of the account, whichever is less.

Pull out a spreadsheet and go through the tools everyone mentions to run some comparables and take note of photos, amenities. 

I have RentRedi charge them a late fee after the 4th day if rent is not paid.

If anything’s not up to code, you’ll need to fix it before they sign off.As for costs, you’ll have permit fees—those can range from a few hundred to a couple of thousand dollars.

That being said, I still want to pull my hair out sometimes because of the difficulties investing and working here.

It wasn’t a massive deal—our expected assignment fee was $10,000—but when you’re growing a business, every opportunity matters.Everything seemed to be moving smoothly until the title search revealed a major roadblock: the mortgage discharge couldn’t be cleared because the person who needed to sign off was deceased.

The right attorney on their side can put you in a position with legal fees and everything else until you are just forced to settle.