I guess they are parking illegally or in someone else's spot and stealing the quarters from the laundry machines.Solutions:notice all tenants that although you respect their privacy the cameras stay, and any guest of tenant or tenant tampering or removing will be fined $2500. for first offensemetal cage with lock around the camerahidden camera to catch the personremove laundry put a notice up that if it happens again you remove the machineson site managerpost a reward for the person caught doing thisinstall them much higherif you catch the person evict them Likely someone is smoking something in those areas or meeting for something bad that they don't want you to see

A new BRRRR investor has to be okay with the risk reward trade-off.If someone is in the opposite situation where they have more money than time, then BRRR is not a fit and they are looking for a passive investment.

If you can maintain control of your life and finances it can be a very rewarding environment; but California is an expert at swallowing you up and spitting you out naked if you have overstayed your welcome!

Even though you may be able to save time by doing construction docs early, generally speaking the risk (cost and revisions) is not worth the reward (saving time).Once a critical path has been constructed, it can and should be used to define the closing date which should be tied to x days or 1 month after a date you are comfortable and confident that all due diligence activities have been completed.

Patience will reward you.Thanks for sharing.Keep the good work!

Taking appreciation into account the next few years will be rewarding.

The journey of Wholesaling Real Estate can be VERY rewarding.

Someone following their passion, putting in the hard work and earning the rewards!

My guess is he was getting into the moonshine during his last post ;)@Ty Cover “Rich people analyze reward poor people analysie risk” - T.

If a conversion doesnt get their rental licensed renewed, the city will not reissue a new one and that building will likely be turned into a single family home.Inefficient systems: Older buildings may have inefficient systems such as heating and cooling that need to be replaced or upgraded.Utilities paid by owner: In addition to the last bullet point, if you the owner are paying utilities and you have an inefficient house, that is costing you a lot of extra expenses that are not typical for a built for purpose.With all this said, neither property is right or wrong, you just need to know the risks and rewards of each property.