Tenant moves and you have one month of vacancy and re-tenanting costs.You release for 600 but spend 2,000 on the remodel because tenant lived there so long and lost 550 in rent.

All too often, new investors either overdevelop or spend their money too fast - both of these behaviors derail their plans and stops them woefully short.  

Many new investors start off "too hot" and end up overdeveloping their first property or spending their money too fast - either of these behaviors will preclude you from achieving even your short-term goals and may knock you out of the game.

I don't stress about them, I don't spend any time on them, and I get some lovely cash each month from them.

spend 20 minutes with a good real estate agent zillow has pretty pictures but is always a few weeks behind on comps  Chase has a property calculator check it out ',but a real estate agent would be the best choice https://www.chase.com/mortgage/mortgage-resources/...

Many new investors start off "too hot" and end up overdeveloping their first property or spending their money too fast - either of these behaviors will preclude you from achieving even your short-term goals and may knock you out of the game.

Many new investors start off "too hot" and end up overdeveloping their first property or spending their money too fast - either of these behaviors will preclude you from achieving even your short-term goals and may knock you out of the game.

Not only that, but are the idiots really going to spend all that time and money on attorney fees for 12k?

I spend lots of time at home so I can learn more in here and in other ways how to go about doing all this successfully.

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