You tried to take them for a profit but maybe they've turned the tables on you.

Final numbers 42,000 purchase price 2,000 rehab 9,900 closing cost 17,100 profit for 10 hours of work and a 38.8% return and an hourly rate of 1,710!

Secondly is the profit per door the most important?

I don't pay myself from business but reinvest profits in purposeful expenses or cap improvements for the portfolio.

Buying for cash increases cash flow on ONE property but it decreases the overall amount of cash flow that can be generated on that capital invested.Leverage is risky and will take down BP investors in the next crash. 

." - Joseph P KennedyIt is important to note that Joseph Kennedy profited from the stock market crash of 1929 by predicting it and this was how he knew it was coming.

You can sell it and take the profits so you can start doing more deals or keep it in your rental portfolio (hopefully in a couple of years you'll have more money saved so you can do more deals).

Maybe bird dog and find deals for them and get a piece of the profits.

Listening to Brandon's Podcast here makes me think that i need to buy a property that is falling into a sinkhole and covered in black mold and then get my "Justice League" of contractors to fix it up before I can make a profit off of it (using the BRRR strategy).I desperately want to jump off the high dive into real estate investing but Im deterred because I dont want to buy a property with more cigarette smoke damage than a 1950s casino.

Listening to Brandon's Podcast here makes me think that i need to buy a property that is falling into a sinkhole and covered in black mold and then get my "Justice League" of contractors to fix it up before I can make a profit off of it (using the BRRR strategy).I desperately want to jump off the high dive into real estate investing but Im deterred because I dont want to buy a property with more cigarette smoke damage than a 1950s casino.