Reason being is I’m not personally responsible and the plaintiff can’t go after my other properties, personal residence, bank accounts, etc. if I lose the property that’s terrible, but it’s less than everything I own.

That would be such a terrible intro to REI!!

GREAT for the buyer terrible for the tenant and the TK operator.* So this leads to longer hold times for the TK operator so their cost of capital goes up and now that is passed on to the buyer . * Tenants unhappy* A rush to put a tenant in Because buyer wont close this can lead to picking not the best tenant.

Harsh winter conditions aka snow is terrible.

The inspection came back with lots of work needed (new AC unit and water heater, extensive termite damage, critters living in attic, roof needs a tune up, and cosmetic repairs onto of this) but not terribly bad (furnace is fine, roof doesn’t need replacing, foundation is fine).

And there have been terrible tenants with great reports. 

No offense to your agent but unless the condo has issues, terrible interior, or a bad layout you won't get it for $75k.

This is as of today.So, #1 - your deal doesn't sound terrible, but not great either.

Here's the link to the realtor.com listing: https://www.realtor.com/reales... haha thats funny that exact thing happened to us in Maggie Valley last year, stayed at a cabin that the road was TERRIBLE!!!!!!!!

Have had TERRIBLE luck with them as it consistently misses 30% of my account transactions (+/-).