I first went there in the mid 80s and i was buying foreclosures there in 2009. when the last building boom was going in 2004 to 2007 until the big crash.

Also if he just postpones again, Can I keep or reduce the deposit money for rental loss? 

This last year was an exercise in "what not to do" LOL! 

My concern is I tend to be less risk adverse especially with short term losses if the long term gain is worthwhile (i.e maybe the property might not cash flow today but it gains more equity).

Unfortunately, last year the tenant failed to pay rent for a while which led to an eviction and the property was found to be significantly damaged -- water damage, fixtures damaged, etc..

Hi Everyone,I bought my last 2 properties while I still had a W2 job.

Some background:We bought our first property last year (2023) for $675k.

I really appreciate your suggestions.The combination you might want to restrict or look more closely at are local people, booking for one night, last minute and are under 25.

These geniuses thought if they simply put it at an angle the wood support it's own weight.

Lastly, if you have 91% occupancy you aren’t charging enough.