Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

Here's what my lease says about them: Failure by Resident to obtain written permission from Manager PRIOR to introducing an ESA or ESP is a lease violation.

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

It is the result of preparation, hard work and learning from failure (Thanks Colin Powell)A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty (Thanks Winston Churchill)

People are always wanting to share success stories or failures to help teach someone. 

It might be frustrating, but both these companies have probably seen plenty of success and plenty of failure too and they want to see you win.Now with that said there are plenty of wholesalers in DFW that don't care if you win or not. 

Bad move, so apparently Chicago has a vacant building registration ordinance which is very costly, about $1,000 per year to be exact and if you fail to register as the owner they tact on an additional $1,000 failure to register violation.

Plumbing has been winterized, an obvious kitchen sink plumbing failure resulted in rotten floorboards in front of sink.

Failure is not an option.

You will always be a sad, broken, wreck of a man, no matter how well you learn to pretend and how loudly you protest otherwise.It will happen to the point that you will know in your bones that you are a habitual failure, that no matter what you do, you will never be good enough to erase the stain of the shame of what you've been through.