I was really excited to be a real estate investor but having 3 out of 4 tenants break leases and cause excessive property damage as well as unexpected turnover cost from excessive damage, is making want to get out.Thank you for your any input you would like to share. 

If your problems were really caused by an unexpected ac failure (can’t believe your realtor didn’t get seller to throw in a home warranty.) and not lifestyle.

When considering the city option, it's essential to look beyond real estate and also evaluate how it can enhance your personal life.I would be delighted to discuss the Kansas City market.

This deal taught me the true meaning of “expect the unexpected” in real estate!

Hi Nicholas we invest in Toledo and have a great team on the ground there that we share would be delighted to assist you if you want to chat

This provides you with a safety net for any unexpected expenses during the rehab process while also potentially allowing you to secure higher leverage on the purchase price.

What are your long term goals (eg do you want to buy another house) and do you have a large savings set aside for unexpected expenses? 

  $100 a door doesn't help cover the unexpected repairs. 

But balance is key—keeping some cash reserves for unexpected expenses is critical.Lastly, I’d recommend running detailed numbers to ensure the property cash flows well, even with conservative estimates.

I dealt with evictions, unexpected repairs, and the ups and downs of tenant relationships—but I also made huge strides in improving the property’s value and financial performance.