I'm bullish on this city for the long run, but I wouldn't bet on excess appreciation.

Then I could repeat the process and use the multi as my primary residence while I am in my early twenties and have excess income to acquire more units.

It is inevitable that there will be owners who don't keep up on maintenance, can't spot dry rot, or are just asleep at the wheel.

Now we pay 2 times a month and to keep my crews in Charleston I pay weekly.I under stand small time GC that do rental rehabs they need weekly pay.. as they can't carry jobs like established subs .My dry wall sub has 600 employees if that gives you an indication of their size... .And I can tell you the better and larger subs right now are killing it.... 

It might be as simple as the custom cabinets taking too long or delays while you wait for paint to dry.

Our strategy: Acquire properties from sheriff auctions, flip, repay personal loans, and use excess profits to acquire additional deals.  

The whole team was there purely at our disposal and jumped at the opportunity to help with anything they could.Amid the constant laughter brought about by Frank's dry sense of humor and hilarious stories, it was blatantly apparent that he wanted to give us all the tools we need to be successful at any and every level..Frank has the heart of a teacher and a relentless desire to help others achieve great success!"

But before it's replaced, everything needs to be dried out.

I have done a excessive amount of educating when it comes to real estate investment.

(I am not intrigued by crawling on my hands and knees laying tile, or dry walling any longer) and my question is, Why do some investors have an LLC. and others simply keep their jobs, and just purchase property after property and never went through the "trouble" of setting up a business.