Welcome to BP community @Terrance Brown  It is a great place to meet new friends and learn about various aspects of real estate and more.

Glad to see you here...Btw, for anyone interested in both the strategic and tactical aspects of analyzing, bidding on and buying large multi-unit properties, Sean is a great resource...as best I can tell, he spends most of his days jet-setting around the country looking at large apartment deals...  :-)

This is why having a good team - at least people already set-up to help you do deals is important aspect to getting deals completed.  

Welcome to BP community @Terrance Brown  It is a great place to meet new friends and learn about various aspects of real estate and more.

Welcome to BP community @Wesley Yuan  It is a great place to meet new friends and learn about various aspects of real estate and more. 

The biggest draw to real estate for me (beside the obvious financial freedom) is the philanthropic aspect of the business.

Keep it simple and if you have a tenant that can't manage their keys then you simply keep charging them until they learn the lesson.Money is a great motivator as long as your consistent!

Welcome to BP community @Dave Defourneaux  It is a great place to meet new friends and learn about various aspects of real estate and more.

These negative aspects are not fixable and therefore, I did not or would not make an offer let alone buy it, too hard to sell after and why increase holding costs trying to sell to a very limited buyers pool due to these aspects.

As someone above mentioned first impressions by buyers is extremely important and you likely will not neglect that aspect again.I purchased my first rental property in the early 70's and I still learn on every project.