If you are starting out investing in real estate, you will have a lot less chance of failing by keeping your eyes on your investment.

It is important for multifamily owners to keep in mind that renters cannot be charged more for running expenditures, and property tax is a substantial expenditure to think about.

Plus you have to keep in mind that we are in a climate where interest rates are very likely to start trending downwards, maybe that's worth waiting a bit longer than you otherwise might to pay yourselves in dividends in the future.Surprising that only 20% of homes have a bathtub as I think of them as a necessity personally.

It amazes me how many times I see REI OK with a property that has negative CF (meaning the cost of that property keeps adding up, and profit never happens), or the payback period to cash recovery hovers close to 20-30 years...then they justify it by saying the property will appreciate over that time period, so that's OK. 

Keep up the great work.

Temporary structures would be something like those steel, freestanding carports.That "random crap" is a way to keep the area looking typical stylistically with other homes.

I owe $40K on the loan & it has a high adjustable rate of 10.5% & rising ( started out at 8%).What I'm wondering is if I should sell or keep the property.

Always keep your long-term objectives in mind and make sure each investment aligns with your overall strategy.Good luck!

If you feel you would get a BIGGER return from the kind of deal you described, ask yourself why an investor would want to give you that extra money rather than keeping it for themselves.

I'm keeping a running tally of the good, bad, & ugly of the ones I've seen.