Their are some good places to eat and the medical care is excellent but I just don't see a lot of promise in that area. 

(Read “Tax-free Wealth” by Tom Wheelwright).It’s all now going straight into a multifamily I’m acquiring from a tired landlord next week.Doing BRRRR is the only vehicle that lets you eat your cake and still have it.No one I know of has refinanced out their capital from a syndication in 6 months yet.Limited partner in a syndication is way worse than been an employee.At least an employee never gets fed an excuse why the paycheck isn’t going to be paid next week. :)That’s my plan.I know it works because I’ve done it multiple times.I sure know it doesn’t work for the stock market because I’ve been in it for more than 10 years too (and made 35% gain).

They will eat your lunch.

It TOTALLY sucks that LLs are the ones eating this huge loss.......

@Michael BattlerIn Toronto investors have been eating up negative cash flow for years.. fortunate enough 95% of the time they capitalize on appreciation which was their objective.

I closed on a 24 unit apartment in Nov, and post close found a handful of small issues like this (leaky fridge, missing sheetrock in closet, etc.) that I just had to eat.2) Did you get the property professionally inspected prior to closing? 

A bad renter could easily eat up any benefits and drive you into the poor house. 

Taxes and Insurance will eat up at least 10%.

Either one will entirely eat up their deposit, I'm just curious what to use officially. 

You may eat a loss but it will be worth it in lowered stress and constant money pit that this house has become.