If you loose patience and by a "bad deal" for your first one, there is a chance you may not be able to re-coop your loses and your real estate endeavors may be set back a good deal. 

Her sentence was to loose her child care license, not be around kids other than her poor sorry kids, and to be registered. 

I am assuming you put down a deposit to hold, you are most likely going to loose it but you never know as the landlord is going to have time and expenses to re-rent. 

The reason I ask is that I've heard other investors comment that one shouldn't be trying to do flips right now, and one should be focusing on BRRRR buy and holds, or you'll loose money.

I would hate to loose that low interest rate you currently have. 

The deferred maintenance scared me off, because if they aren't fixing loose handrails, which are a safety hazard, God know what else they aren't maintaining. 

That means the loan is bound by Fannie Mae or Freddie Mac underwriting standards.

Do not feel to bad about loosing the investment opportunity. 

Especially in this market where nearly all listings sell and buyers loose lots of offers.

I am under the impression that folks love REI for tax advantages, but obviously I only have a loose understanding of the advantages -- or if they are really rather overemphasized by sponsors.If you had to place a number on it, would 20% be the amount that, when all’s said and done, one tends to owe the govt. in taxes on standard MF syndications?