![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1660677/small_1621514569-avatar-mitchelll37.jpg?twic=v1/output=image&v=2)
14 July 2021 | 2 replies
Lessons learned?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1623345/small_1621514255-avatar-dereks191.jpg?twic=v1/output=image&v=2)
16 July 2021 | 12 replies
Either RE focused or Stocks Assumptions: 1) $50k in an indexed fund for Savings/Safety/Retirement2) $30k in more aggressive stocks or available for down payment on potential properties3) House Hacking primary residence currently Mortgage $2200, tenants pay $1500 abt monthly.4) Stable income of above $100k annually at day job5) Mid 20s age.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1840671/small_1626329642-avatar-nicolettek.jpg?twic=v1/output=image&v=2)
5 August 2021 | 15 replies
Take your 500K, spend less on your residence (i.e $350k for a condo in Port Moody) and buy in a market where the other $150k can be put to good use as a rental.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1152996/small_1640560684-avatar-erica168.jpg?twic=v1/output=image&v=2)
16 July 2021 | 7 replies
If I was in your shoes, I would chalk that up to the cost of a lesson and let them out and re-lease ASAP. 2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1900389/small_1621516535-avatar-alberton12.jpg?twic=v1/output=image&v=2)
17 July 2021 | 3 replies
At the same time, not willing to pay premium for premium service and always end up going with another cheap and unreliable property management company.The second type of investors are sometimes new investors who have not learned their lesson.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1875764/small_1626373420-avatar-breyannan.jpg?twic=v1/output=image&v=2)
15 July 2021 | 0 replies
Lessons learned?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1530778/small_1621513265-avatar-amstanton.jpg?twic=v1/output=image&v=2)
16 July 2021 | 2 replies
Needs to be fully gutted and had both fire and water damage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/399816/small_1621449173-avatar-calvin_k.jpg?twic=v1/output=image&v=2)
16 July 2021 | 11 replies
I would also feel horrible if anything happened from a safety standpoint.