new investors are ALWAYS surprised that there are closing costs. 

I've been surprised to see small multi-families sell via FHA that I thought wouldn't be approved at all.

As first time investors this gave us some comfort that the mortgage was fully covered even if we incurred unexpected expenses or vacancies. 

How long did the rehab on the vacant side take and were there any unexpected surprises? 

However, that is not true for everyone, and you'd be surprised that even by giving them all of the honest information that they still want to sell quickly for a discount.

I'm surprised you'd send clients to those, unless they have no other option and absolutely need the money.

The great thing about big spreads is that it leaves so much room for the unexpected.

I'm surprised at how knowledgable she seems to be, and how much work she actually can do herself.

I had no surprises) so I don't mind spending that to upgrade the living room from carpet to laminate.

(had to use an alarm)Moved rents from the rental accounts to the main checking.Negotiated and wholesaled a house for a fellow newbie BPer.Put one of my vacant rental homes up for sale.Got denied a refinance - no surprise, I mean with a 770 fico and tons of equity, I'm a real credit risk unlike these financial imbeciles with 3.5% down and a foreclosure on the record 3 years ago.Went to the dojo and punched a bunch of people in the face.Hung out on BP.In the words of Ice Cube, "It was a good day."