They try to sneak in an unauthorized occupant or an unauthorized animal later.

Often there are other small costs that you might want to include as they can really eat into your profits on a smaller deal; things like home warranty, utilities or the final buyers repair/request list.

Both of these markets have some of the highest property taxes and homeowners insurance rates in the nation which eats up your cash flow.

Yes, I made enough, yes I got burned out eating, breathing and sleeping RE financing, yes I got a great offer, but no one makes too much money, I could open another office today with a short start up period, but I'm not going to.

@Matt E. At

If his calculation for rehab/remodel is off, market pricing and hold time, or inspection for red flags is off, it eats into his profits.  

 :)   Figure out your miles and approx. gas costs for the round trip, and consider how your commute expenses might eat into your numbers. :)   Gas isn't free. 

They provide emotional support to the owner, but because they are service animals you can't disqualify a tenant for them.

Syndication is a whole another animal - you need to buy a duplex first :)Good Luck!

If you have to keep going to the store for little parts it can eat up most of your day.