ClairInvesting in a duplex in Lubbock has many ups, like being able to live in one part and rent the other, growing your money, getting more cash, tax perks, and facing fewer times without renters.

Bad foundations were my money-makers.

Thy would be losing money in that situation.

I joined some facebook group and sometimes the members of the group offer a joint venture where the original investor has bought a property but will need my money for the renovation.

Thankfully I bought them dirt cheap after the '08 meltdown so after years of break even I made money when I sold them. 

The owner has lost several people’s money. 

A lot of people are drawn to the guaranteed rent money but I found it comes at a significant cost and I did not think it was worth it.

I am risk averse and if I were to purchase, I would tear down to the studs and do a full rehab {this would include getting rid of asbestos shingles and insulation).1) I have done a ton of research and it appears as if getting rid of asbestos is very DIY able assuming you spend money on the safety equipment and use it properly. 

Being that I own it outright, and only need $125k (budgeting for unknowns), not many hard money lenders have been overly interested.

That seems like a lot of money in Mexico.