Challenges?

He has read tons of real estate books and I have watched dozens of Bigger Pockets webinars.The challenge - taking that first step! 

Purchase price: $50,000 Cash invested: $23,994 Sale price: $135,000 This was a very challenging project.

What I didn't like was the process, from application to closing it's a constant magnifying glass on your personal finances and spending which is a challenge in NYS with closing process experiencing significant delays.2.

Rather than  fixating on the fact that it's so competitive and challenging of a market to enter, I think your point is spot on: that they are competitive because they are such lucrative/successful markets right now! 

Challenges?

The challenge is it is supposed to be foreclosured this coming up Tuesday.

Lets face it --- you can't just get a loan willy-nilly. 

Interested to hear about some of the barriers/challenges you've encountered/ anticipated with implementing smart technologies in your market.

Anyway, I ask because I had a conversation with a co-worker that I would always try to work with someone that hit on tough times if I could, and a crazy idea like this might really put a smile on my tenants faces and better yet, provide even more loyalty to produce less tenant turnover.