The long-term goal is really essential to decide what to do.That's why I love to challenge the BRRR fans about the hourly rate for the time they invest in combination with the performance of the asset when (hopefully) everything they hoped would occur and they can actually refi and get any cash-out.

I figured that there is an element that just want to preserve capital or just squeeze out a little yield but then it occurred to me that they just might be buying mainly for depreciation.

Fortunately my next guest isn’t checking in until tomorrow so I am able to give them some extra time/another night, but this is the second time this situation has happened this winter so I know it is only a matter of time until this occurs when I have new guests checking in on the same day.

No harm in asking and all they will say is NO.I assume as this is your first property in the area.

"Unoccupied and vacant homes present a greater insurance risk than occupied homes for many reasons, including slower emergency response times and the increased probability of a break-in occurring."

It takes time to get a PM onboarded and all the eviction steps are time sensitive and must occur in sequence.

We thought we were helping the baby bird, giving it milk to strengthen it so the ordeal wouldn't end its life.The first few FSBO's I contacted just didn't seem to understand that I was trying to help them; I would verbally counter their objections and tell them why their way probably would not work.After successfully helping (listing and selling their property) quite a few FSBO's, it occurred to me to analyze what I was doing differently. 

Must cashflow, and ideally this could also occur on a 30-year fixed-rate loan.This seems good and right to me, but that's only because it fits my personal goals and motives in real estate. 

There is a multiplex apartment building in my neighborhood where drug dealing and prostitution is occurring.

There is a mold issue occurring in the main house utility room do to a shoddy roof job where the second unit was added.