@Jake Sink The local JaxREIA has a good monthly meeting and the Locklears have a good monthly meeting as well.

One of my favorites was a tenant freaking out that their sink was clogged and would not drain at all. 

In reality, it is often just a metric used to help filter down some of houses available so you can then look at the numbers in more depth. 

Obviously this is a person who is either doped up on something or has a very loose grasp on reality .

The reality is, if you are worried about the commercial loan refinances, just get a 15 year fully amortizing commercial loan.

He frugal don’t sink all your cash into making the properties too nice .

I get properties like this on a daily basis from wholesalers and most of them claim to need 10-20k rehab, but the reality is they often need 40K+ and are worth maybe half of what needs to go into them. 

Check ceilings and under sinks for potential leaks. 

A buyer will knock you down to 110k because that’s reality.

I see the block on a 1940 wouldn’t compare to the quality of solid poured, yet I imagine even the solid poured have their problems of the weight being huge and might tend to sink overall a little more.