If you have a rich parent/rich spouse who's willing to sponsor your mistakes, a very high paying job that can sponsor your mistakes, or won the lottery and can afford mistakes, then you don't have to do the last step and keep doing what you think it's the right thing to do. 

And do not like pressure from LPs like me who simply pass if they don't. 

Partner Driven was interested in the Schilling Road deal in Onalaska, WI, due to its high profit potential with a purchase price of $280,000 and a sale price of $375,000.

Also, if you rush a closing in the city there is a likelihood there could be a large water bill that did not show up prior to closing.  

I live in Southern California and want to purchase my first property out of state since the market here is so high (over my budget).

High real estate taxes and older homes requiring a lot of repair and maintenance. 

I also learned of landlords (at least in one case) that are getting HARMED by high volumes of text spams and calls from investors.  

The renters insurance won't go after you/your insurance because the liability was on the tenant.Now assume your tenants leave the tub running and cause $100K in water damage.

Start a little high as you can always lower your asking rent if no inquiries.Be sure to have a solid screening process & lease!

It would run off my property's well water.