While the learning curve has not affected our pockets, it certainly have add lots of fodder for my blog and ulcers to my stomach!

Hi @Miles Stanley,Getting off the fence and getting past the knot in your stomach when you are about to make an offer decision are the two hardest things to get past.

Not sure if you've got the stomach for college rentals.

Even still when sellers would call me I'd get that pit in my stomach and be nervous to pick up.

That said, I think there is a lot more opportunity for investors by adding sq. footage than doing just flips - if you can get approvals and stomach the time/cost involved.

I would try to spread it out over a longer period of time (assuming this is a long term buy and hold) otherwise the increase will be too much for the tenants to stomach.

Well, 3 years later, I still get sick to my stomach when I think about how gullible I was...the broker was less than honest, the attorney was less than honest, and the seller was less than honest...and I was less than educated...so I lost a hefty sum of money! 

Regardless of the cash flow you can get in Schenectady, I just can't stomach the lack of liquidity, it feels like putting money into a 401k that you just have to assume is inaccessible for the next 20+ years.  

There are so many people out there that have great deals, good qualifications but don't have the money on deals. if you have the stomach for it you can JV with people and let the deals come to you. 

Whether you can stomach the volatility out West..?