Is this a terrible idea all together?!

Purchase price: $250,000 Cash invested: $28,000This property came off the MLS (Jan 2022), and is in a very desirable part of town, but had inherited tenants who were a pain and dissuaded most people from even looking at the house (they wouldn't let the listing agents take pictures of most of the home, so listing was terrible, etc).

Previously owned by out of state investors with terrible tenants.

Previously owned by out of state investors with terrible tenants.

When they get burned, by getting EXACTLY what they paid for, they post onine that all property management companies are terrible:(

My family argued that what I am doing is not a real job, then they saw I stopped going to the terrible job, and started complaining, so my inventory to provide the products has filled up my 10 x 10 room, half of the other room, and part of the garage.

My realtor is terrible, made a lot of mistakes, and doesn’t advise me well.

Does everything through email so location isn't terribly important but he's on the east side of LA County.www.williambingleycpa.com

@James RobertAnd this is why realtors have such a terrible reputation.

Hello Simon, there are some basic things going on here and I'd like to point out just a couple.You went to market with terrible curb appeal.