Another big mistake, I know…Since moving in back in April, he has paid his full rent on time twice - the first time was his first month rent and deposit... that was covered by his company.Within a week of moving in, his car was repo’d.Then, Covid hit and his job start date was delayed.Then, his first day on the job, he “thought he had a stroke,” and had to be cleared to go back to work.Then, when he was cleared to go back, he “fell out of his truck” messing up his knee.He was working in the office until he was cleared to work his actual job, again.Then, when he was cleared again... within a few days, he “slipped on a muddy rock and messed up his ankle...”At that point, he was considered a “safety risk” at his job, put on short term disability, and scheduled to have knee replacement surgery, which happened Monday.Last month, he was supposed to transfer the electric and gas into his name.

After some work on fire safety, a new safer kitchen stove, a new larger window for roof egress & the odd electrical code compliance it was approved.

Determine your property criteria, price range, and be patient.

Do you have a consistent method to place a quantitative/intrinsic value on Bitcoin (and therefore margin of safety)?

I usually say $15,000 in reserves for one single family for safety.

Be patient and trust the numbers.  

But yes it’s possible if you’re patient and creative.

@Benjamin SussmanCongrats on your latest purchase and well done on saving up for the next one already.I think it's the right mindset to be impatient in the short term (micro) but patient in the long term (macro).

Being patient, thinking outside the box and being self reflective are great personal attributes to thrive in this game.

Making reasonable efforts to ensure tenant safety is a landlords responsibility, so fix damage and consider paying for a Ring door bell or some other type of security cam.