Some investors share incorrect or misleading anecdotal information about loans, which just confuses borrowers.

@Ed ShinYour understanding is incorrect.

Casey >the ROI here is not great.Not sure where you got this from but it is factually incorrect. 

So many times I see new agents in the marketplace who are "afraid to look like a new agent", so they pretend to be an expert and provide incorrect information to a client. 

Others that aren't in good shape or that are priced incorrectly are sitting there.

Account ClosedDoing bookkeeping for real estate is not that simple and many bookkeepers simply get it wrong.Some of the issues that I find on real estate bookkeeping 1) incorrect classification of purchase price. 

One of the tenants is a lawyer"...... straight from the OP post...so I'm not reading anything into the situation that isnt there.......And the issue is replacing the wire shelves with the same product in a safe way.....so even if the first set was installed incorrectly....as long as the material were then re-installed correctly, the LL has met the requirements.

>I live in SoCal and it is extremely difficult to find any cash flowing properties.Historically this is an incorrect statement for long holds.  

Because they were NOVICES, they incorrectly valued OH properties vs say Seattle market, LA market, San Diego market, NY, NJ etc..     

My name is Nicole Brodahl (my profile is incorrect - not sure how to fix.)I have a very long winded statement/question.