A 9% cap rate on a particular property might seem very high to an investor in midtown Manhattan, while the same rate could seem very low to someone in Upper Dry-Rot County.

In my opinion, it was a little dry.

Last I heard, he'd given many of them back and what he was holding was bleeding him dry.

If you get a lot of enjoyment from your toys and they just aren't sitting there rotting (like most people's toys do), then it may not be worth it.

@Jonathan Mednick Jonathan,  I'm not sure how I am missing the point it seems pretty cut and dry, I understand that these turnkey companies are providing the most basic information but I am saying that a lot of them are being very manipulative and dishonest in terms of their expectations In my opinion many turnkey providers are trying to take advantage that many investors interested in them have little experience in real estate and think that they won't properly run the numbers...

The brick on the front of the house needed to be replaced and the plumbing was rotting apart.

Then cash would dry up and rates would skyrocket.

It's sunny and dry almost all of the time but when I want to go snowboarding I simply drive a bit west.

Put dried flowers of the area in your rental. 3. make or buy a field guide of the local flora or fauna in the area.

Trying to DIY wiring, letting broken windows stay broke for 2yrs leading to pigeons setting up inside a historical property, bleeding your parent(s) dry while siphoning money out of a rental.