Plan for the worst, don't trust in what they say but reward them for what they do if you choose to!

There are different risks and rewards of different strategies.Most places that will cash flow better will not appreciate the same as the high end low/no cash flow areas.

I think this learning process can be rewarding.

She and her kids have broken numerous things around the house and she has paid late every month since she moved in.

No risk, no reward.

Numerically, all you are really doing here is buying an income stream; the basics of which are fairly straightforward.

Hot in the summer but my reward was not listening to anyone.

@Fuat BagseverHi Fuat,There are so many high cashflow markets across the US.Maybe look at purchasing another complex to offset your losses on the one you will closing on.I have been down this road with my portfolio in Australia where I owned numerous properties hoping they will appreciate in value.I have decided to not purchase a property anymore unless it is a heavy cash cow.Just my opinion.Thanks and have a great day.

After High School I went up to The University of Florida and majored in Economics and Business Admin.Since then I have partnered up with my father and we now own a flooring company, specializing in carpet and tile cleaning.After working with numerous property management companies, as well as real estate companies, I have gone "behind the scenes" and have fallen in love with real estate.

I have bought numerous Tax deeds in Hillsborough County...actually living in one right now, believe it or not.