The twist:If I don’t proceed after due diligence and the seller fails to repay my $200K upfront payment within the agreed timeframe, I would pay off the bank’s $200K loan and take ownership without contest.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

Some are unsecured, others are cross-collateralized across underperforming properties, and some fail to provide transparency about where your capital is going or how your return is generated.

It amazes me that so many failed to recognize this risk or chose to ignore it. 

The only way you fail is if you quit.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

Not sure how Leybovich is doing in PHX .. you had that dude Lane kawakoa from hawaii and Brian from Praxis was able to determine the subject syndicaiton that he put together did fail and the property reverted to the bank with 100% wipe out to the equity investors..

The arbitrager also had their investment that was not going to be recoverable so they typically did not provide notice on impending failure until too late (pride may have played a role also).Every STR arbitrager failed to make it through 2021 in San Diego.  

If the appliances fail, you are bound by the lease to replace them and continue providing that amenity as part of the tenancy.I rent the appliances separately to the tenants (I buy them used) for $70/mo. for the pair or they can supply their own.