The anticipated higher cash flow ( 2% ) rent to purchase price can be quickly wiped out for years with high capex and a bad tenant.

In some of the less safe areas of JC (Greenville, etc.) you might anticipate more difficulty collecting rent or getting good tenants which can obviously hugely impact your numbers.

Other than that, I actually did a pretty good job anticipating the expenses.

Those states which regulate typically require a reserve fund study to be completed every three or four years to ensure the HOA has funds and a plan to meet the anticipated repair and replacement obligations.

From the last deal I saw, many people worked locally at factories, retail stores, etc. and some higher paid tenants were commuting to the Temecula/Murrieta area and even down to San Diego.The market is anticipated to decline somewhat over the next 2-3 years, but no one knows for sure.

I see a lot of bandit signs and have called them just to see how everything is in the area and am anticipating some call backs in the near future. 

This is my first commercial investment and wondering what are the risks I didn’t anticipate.

The other property sits on the edge of valuable land that is being developed and I'd prefer not to miss out on what I anticipate to be healthy development in that particular neighborhood.

A good experienced contract will be able to determine and anticipate potential issues.

I anticipate that to be a great moment for me as I will no longer have to work.