Quick financial summary below for context: Listing Cost $567,500 25% Down Payment $141,875 Home Improvement $100,000 30 year Mortgage Loan Amount $525,625 APR 4.5% Life of Loan (years) 30 Number of Payments a year 12 Total Number of Payments 360 Payment each Period $2,663 Sum of Payments $958,775 Interest Cost $433,150 Monthly Rent: $4800 currently, Goal is $7200, Expenses: $2400 a month (50% Rule)Issue 1-Potential Bad TenantsOne of the units was absolutely trashed with mouse traps and obvious apathetic tenantsOne of the units looks to be a party house for recent college gradsDo we have any leverage to get these tenants out, both expediting our much needed renovations and getting us higher cash flow from the higher rents.Issue 2- Wooden Box Gutter Rot, Missing Mortar in brickWe're getting estimate on this but it seems to be an expensive fix.Issue 3- Old AC Units/Water HeatersIssue 4- Leaks around windows to interiorprobably ties back to the mortar issues in the brickDo any investors have experience in seeing major issues like this after the initial offer was accepted. 

There's absolutely no way I could have done it without that 401k withdrawal. 

Your quest as to them acting legally....absolutely they are, they can ask and require documentation that has to do with your ability to pay and take on additional debt.

I am now 30 and absolutely loving my life.

However, we have a couple of student properties which rent by the room - target clientele is predominately international students - and have absolutely no problem filling vacancies at these properties in winter ... particularly the start of winter/spring term in January, which is about the time some folks decide they do not really like their roommates who party all the time and are looking for a new place to hang their hat.

I absolutely love Hong Kong and have visited 3 times out of the last 4 years to see friends.

@Bram Spiero I absolutely love BP it has everything I need right here!

I ran a FB campaign with only $150 just to test, and got one lead out of it, so I agree with you that this amount for the budget should be much higher.Also I am working on a Free E-book to put on the web site, but you are absolutely right, that this may be good content to put in some ads.

Which teammates are an absolute necessity to being successful in your deals and property management?

thanks for the responses guys I will absolutely go to the meet ups.