But if the lease terms are murky, if renewal conditions aren’t guarenteed, or if the airport authority could dramatically shift the deal down the line, then you should be asking for a discount..or at least some protective clauses in the contract.I’m curious... if you were to step into this kind of leasehold now, how do you think you’d explain the upside to your future buyers or partners when you eventually decide to exit?

I had a very simple answer to that NOPE I had to learn you have to learn it and I am not going to create my own competition given that so few props actually get sold at the courthouse steps.. 

Hey Brendan - It sounds like you're taking smart steps to navigate the slow season, and the adjustments you've made are all solid moves.

Joining the community is a huge step towards reaching your RE goals.

For those who are proactive, these resources can be incredibly beneficial.3.

What kind of property did you end up doing as your next step?

You should follow the necessary steps that your state requires.

For some reason Biggerpockets asked me to take my 1st step towards real estate investing with a new member introduction.

I think this is the first step so they can know who has the lead pipes before they pass a local ordinance to require the replacement at the property owner's expense.It's a "first registration, then confiscation", of sorts.

My total expense ratio on each property I own ranges anywhere from 40%-50% annually, but I also self-manage and am not a slumlord (I am pro-active with maintenance, not reactive).