Also, what additional things can be offered at the facility to increase cash flow (vending machines, fees for using arenas if not a boarder, lessons, etc.)?

Now on my third house in the Cincinnati market, I wanted to share some important lessons I have learned with rehabbing a house in the midwest.

Sorry for the rant, we have learned our lessons the hard way.  

The lesson I've learned is the market constantly ebbs and flows. 

(I actually had to reach out to some friends who are more experienced than me and work in mortgage lending to ask for advice to supplement the information I was getting from the attorney.)I provided the information to the title company.Definitely some lessons learned here.

She is in LA and investing in KC and there are some great what not to do lessons in there.

We flipped the house within a year Lessons learned?

Now, I'm back to square one, looking for contractors who aren't total sissies who will be willing to remodel a house in a not-so-nice neighborhood, and do it quick.I'm pretty sure I don't have any legal resource due to caveat emptor and all that, but I would like to end this with a summary of some lessons that I've learned from this: When investing in a property that needs work, make sure that you have a good network of contractors established who can do the work, (or, you can do it yourself) and make sure you understand everything that needs to be done to the property.Real-estate can be a slimy business, with slimy people, especially when dealing with distressed properties, or properties in bad neighborhoods. 

This property also has many amenities, the property is already at 100% occupancy (which certainly says rent is low) none the less on the low end it’s a cash flow of 100k.

Other than learning my lesson in going in on these kinds of deals, what are my options.