The property was a mess and barely breaking even even though it was cash flowing when the player purchased it.

And face it most home that are rented is brought to the bare minimum code so that landlords can start recouping their money right away or as soon as possible ..

Thank you, Brian Pink

I can start and others can add as well-  Under improvement - I think lots of people try to get away with doing the bare minimum but expecting top dollar rent and higher quality tenants.

Regular paper is designed for sanding bare wood.

We were holding meetups here in Orange County for about 6/7 months leading into the pandemic and we always got a mix of people barely getting into real estate, people kind of involved own a property or 2 and then a handful of people that have been doing it for years and have many properties.

Lots of people (myself included) have bought in areas where the numbers look great on paper but the reality of operating the property is you barely make any cashflow and deal with continuous headaches.

@Bob MaleckiGenerally speaking, the Solo 401(k) programs offered by custodial institutions are really bare bones.  

I have great personal credit and am trying to build business credit but am wary of giving any sensitive information to these types of organizations without at a bare minimum talking to my BP friends who may have seen this type of advertising before.

Because, in theory, on day 1 after closing the HVAC could die, together with the water heater having a leak, the range no longer working and the carpet having received a beautification from a dropped bucket of pink paint, sprayed all over the place.