He’s made some bad mistakes from their advice.

And they tend to go away rapidly. people seemed clueless to the fact that perceived inefficiency in rent versus short-term rent can also go away leaving you stuck with all those units and no way to get out except bankruptcy I need a button that will Auto populate "May rank as the stupidest and worst decision you ever made"Lemmings to the sea.Pied PiperEasy Riches whatever happened to not believing everything you hear?

Leasing a car was a mistake, so my two biggest goals this year are to buy a car in cash when the lease is up to eliminate car payments, and eliminate my student loans.

Would love to hear any advice for first deals, maybe mistakes to avoid? 

So we can start learning the process and learn from our mistakes to build a business and start to BRRRR How did you find this deal and how did you negotiate it?

This can lead to many other mistakes on your taxes.

Hey Ilya, Sounds like you made the fatal mistake of over pricing the property and now you lost the initiative.

Calling the police and acquiring a police report is a good idea, at worst it’s further documentation.  

Any and all ideas would be greatly appreciated.Sounds like you need to arrow down the ARV but if worst case is $95k you may want to reconsider.

I made that mistake once.One aside - this is an off-market deal and there's a realtor involved?