I work 11-12 hour shifts, five days a week, in a demanding role, leaving me with little free time.

Reward – Understanding Cap RatesAt the end of the day, it’s all about the risk-to-reward ratio.

Quote from @Paul Lucenti: Would you rather have monthly cash flow or would you prefer a quick pay day after 3-6 months?

Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

Even 600k loan at 10% interest costs $165 a day.

Comps in the last 30 days sold between 90,000-100,000.Any advice on what you guys think would be the best thing to do?

Keep in mind you'll generally need 20-30 days to refinance! 

So now I get an email from RentRedi EVERY DAY that says "your payment method has failed".  

Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.

Some folks are comfortable paying 10X, but you can find those deals all day long.Now, if it was a highly unique and rare property, I'm not as worried about the multiple.