@Juan Carlos Castillo1st lesson:-Correcting the mistakes, taking accountability, and never repeating them.

LOLOne of their Morris' fatal mistakes was paying for everything up front.

You've made many mistakes so far.

Hey everyone! On 6/8, I purchased my first 4 unit house-hack, and I just wanted to share my first error for all the "noobs" to ensure we remain attentive moving forward. When purchasing the property, I was told that t...

I was able to convert them from a month-to-month lease to a year long lease but did not collect a deposit, which was a big mistake.

The reserve can buffer any mistakes I make and I can adjust based on what I find over time.

Start small and Make Your Big Mistakes Early. 

We made the mistake once and allowed a wife to move in with a 500 FICO score.

Personally I think the city is stupid for doing this because it's going to put the person out of business or they'll just let the property foreclose and go vacant, and Wilmington DE has enough problems with vacant properties...nonetheless it's what they do, and it costs the uninformed investor a bunch of money when they make the mistake.

Newbie mistake...I took the first page off so property address is not showing.