Ironically, (or maybe not) the lowest price I ever paid for a house was also our "worst" deal.

I like to gut all my properties so I'm probably the worst person to ask!

I really hope for the best but planned for the worst.

The worst situation is when a contracting issue goes wrong and you have limited recourse with the State contractors board because the vendor was not licensed to begin with.  

We warned her that this was a mistake, since she did not terminate the lease she would be on the hook if Sis & Mom screwed up.   

I think some landlords fall into the mistake of increasing or not increasing rent automatically, without understanding what the market warrants.You think it is a pain to rent a property during a pandemic, but also keep in mind it is a bigger pain for them to find a place and move during a pandemic.When we do renewals, we generally offer two choices.

Sure, I had actually written about it in a previous post, here it is: https://www.biggerpockets.com/...It was the worst experience ever.

We closed on 3/31 and made the mistake of not getting the seller out of the home prior to close.

I made the mistake the first time I screened tenants of providing a phone number and meeting with tenants before qualifying well.What I've done now is filter potential tenants through a Google Form.

Though the property is listed at $37,500, the market here has gone a bit stale, and this particular deal has been listed for almost a year, so I would definitely attempt to offer less to sweeten the deal.I can adjust the vacancy.The insurance is a bit high, once again, for conservative estimates.In this local area, the tenants take care of their own water/sewer, lawn care, and it doesn't really snow here...I will remove the PMI, that was a mistake.