Are these tenants a pain, calling the owner often, damaging property, etc, or is it case by case where it strictly depends on that tenant.

Also, you will hear many of their pain points and determine where you can bring value.

Every deal analysis people post they think they will have 5% vacancy, no maintenance (paint/flooring oh don’t need that ) A lot of pain coming for a lot of people

Some Notes:- Breaking down costs for a contractor can be a pain.

Or if you are not confident in the outlook of retail, but this is a retail investment, then probably not a good fit.From there, you get into nitty gritty: anything from distribution schedules, tax treatment and timing of docs (I meet a lot of investors that the timing of K-1s is their first question and a pain point with some syndicators).  

It is, in fact, a pain in the butt. 

Learning from others mistakes although painful at times can be extremely valuable .

I feel your pain though. 

Make sure you get it set up properly or you lose your protections.The biggest pain is dealing with your lenders as transferring the properties may trigger the due on sale terms of any mortgage.

1.If your HELOC permits, use it to satisfy equity infusion for the lender.2.You are trying to buy a property with no skin in the game.