Start small and Make Your Big Mistakes Early.

But the maintenance of the common areas got worst.

Make sure you have the ability to see it through and that you’re prepared for worst case scenarios.

I was hoping that this would be the key to changing her mind, but there are so many horror stories and worst-case scenarios in the book so far that she mentioned it's making her even more turned off to real estate investing!

Then you combine occupancy/ADR to get worst worst case scenario, average scenario, and pie in the sky high scenario. 

I gave up equity in the house to make the settlement easier (mistake in hindsight, but live and learn).I am living in an apartment and was thinking about house hacking a duplex or four plex for my first deal.  

So the total cost is $4800.I know I have to factor in the pandemic years with higher costs (although I think differences would be mostly in products and materials, not labor), and the fact that the numbers in the book are from 2019, but I was wondering if someone could help me see where I am making a 130+% mistake in my estimation of labor costs.Thank you in advance!

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

But the maintenance of the common areas got worst.

It was the best of times, it was the worst of times,..."