It did not really hurt us but could have saved a lot of stress if we had figured it out in the initial evaluation!

I should also stress that list price does not automatically mean value (ARV).

From there you want to see if the property will cash flow day one with you putting some stress factors in place to determine so.

This is WAY less stressful than trying to run to their apartment for money. 

I can take a lower paying job, Sales with a good chance of commision or a more rewarding job, less stress.

@Steve YiI have to respectfully disagree with @Andrew Pfleger for 2 reasons:1) If you pay the tenant, you learn nothing; whereas, if you pay the attorney, you learn how to properly execute an eviction, and you gain insight into your property manager.2) I feel strongly that each of us shares a communal duty to society, and that includes holding people accountable when we have the opportunity to do so.

Multifamily is great but taking on a million dollar property as a new investor is enough to cause most young investors to much stress.

Starting a business.Having a strong liquid position when starting a business can be extremely important, not just to your bottom line but to your stress levels. 

Terms can be stressful.

God please send me some wisdom Im 21 years old and I must admit I do have a little spending problem and really struggle to save money Im in the auto body industry and want to start my own shop but I also want to get into real estate what steps should I be taking and which should I start first with the shop would take more capital but would need alit more capital exspecially at first but would have potential to bring in a lot more than just owning a rental property but I could use real estate to fund a shop later on I’m just really confused and stressing myself out way too much I just want to do everything I can to have a better future and the penny’s I make in corporate are not cutting it any advice would be greatly appreciated even if your not a pro thank you