Many have gone like the wind, new ones pop up and will also disappear with the next breeze.Selling crap properties, in crap areas for more than they are worth and then passing on to 3rd party PM that nickel and dimes to death.It's a shame but it's been the same cycle since I started in 2012 and even longer that I remember.I feel sorry for such investors that commit so these providers but I feel even sorrier for those that try DIY BRRR from out of state.Asset classes are variable and "Potato" "Potato" lolFor example, I can almost but guarantee that my B class in Toledo for $90,000 for example is D class in Cinci.Lived in Middletown and owned a few rentals in Cinci so know the market decently.It also comes down to how someone was born and bread.I had investors come from Cali and laugh at me and my "B class" properties.They said it's Z class.Even tho my entire team lives in the area and so did I for 10+ years.No silver spoon in my mouth growing up and I wouldn't sacrifice my families safety in a so called "Z class" area.But we are all different, right?

@J NewmanOh, the pain.

OMG his special reports on the NAR Trial last October were just him reading some random news article, painful lol!

I honestly should have more money saved up considering my years of working full-time, however younger financial mistakes have been a painful lesson and I regret not purchasing a property sooner/younger.My most important and immediate goal right now is to purchase a property.I am in (what I perceive to be) a relatively high cost real estate area. 

If this wasn't built into the costs it would be very expensive.It's a common complaint with investors that a contractor does great work but then "disappears" after a time.

As my group grows it is becoming easier and easier to set up the opportunity because we are not a one off doing a deal and disappearing. 

I feel your pain with buying at the top of the market.

Yea there's some growing pains - but experience is the best teacher.

This immediate implementation would have been very bad for investors, bad for resident homeowners, bad for renters: would have been all-around painful. 

If they choose something low, they are going to be a pain and it's time to get them out.