Chris’ recent trip to IMN’s Build for Rent conference unexpectedly brought Chris back not only to his early real estate days, but also his high school days.

Mitch is spot on in terms of getting a realistic repair estimate (and don't forget to add a contingency because no matter how much experience you have there will always be something that comes up unexpected and adds time and cost) is key. 

Hard lessons:-unexpected things will happen at the worst time. starting a vacation in the BVIs and you get that dreaded tenant call. the window fell out or there is a heat issue. 

Do you get unexpected expenses/invoices?

You will also need to find the right seller that is not in rush to sell the property and is willing to work with you on how long you can be in contract as this type of loan can have unexpected delays with so many other moving parts.

Share your most unexpected win in real estate investing.

I just started house hacking and this is from my apartment lease that just ended.So in the 2 years I lived at my old apartment, my dog had probably 6 accidents (urine or vomit).

Honestly, I would have never guessed that this market is actually not great for rental investments, but it is really strong for fixes and flips. Who knew?!
Here is the scoop:About this Market: Toledo, OH emerges as a...

Don't get in an accident without coverage. 

Unfortunately, a lot of unexpected costs with potentially more down the line.