As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.

Also when the weather is bad during hurricane season they will often close the ferry, which can make it impossible to get to the island. 

@Brett Dudley the inspector for any buyer should catch the roof needs replacing and any other major issues, which should lead to the buyer renegotiating/lowering their offer price to cover these.

I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal.

It will be a new asset with little to no cap ex, and lower expenses.With an apartment, if you buy an existing building, you will cash flow day one, but there are other concerns, such as age, property management, debt, exit strategy.It depends upon your goals with the money, if you're trying to create income, or if you're trying to go into the business full time.Gino

Account Closed. 

You were likely too far from it the whole time as the management wasn't doing what it was supposed to and you weren't close enough to notice.

If there's not enough market interest, you'll get a request to lower the rent - until the property rents.

Now I lowered the price from $5900 down to $5500 and now $5250.

With nearby parks and trails, close proximity to schools, restaurants, shops, and vibrant downtown Castle Rock, you're sure to feel at-home in no time!