I usually only "harden" them to get them ready for the abuse they're about to endure and also do roofs, exterior paint, new HVACs, etc.

That doesn’t happen without poor underwriting, I don’t care how many economic disadvantages they’ve had to endure.

Your story is a stark reminder of the potential pitfalls of property management and the importance of thorough due diligence.It sounds like you were dealing with a nightmare scenario, and it's understandable that you feel frustrated with the lack of support from local authorities and even some members of the BiggerPockets community.I can only imagine the stress and financial strain you endured.

I don't believe apple will ever produce a technology so revolutionary to justify current market cap, and splitting into 15 billion shares is ridiculous. even if there was 100mm worth of rental property, it is uncharacteristic of the asset class to split itself into billions of shares even if it is possible because real estate is real and tangible you can drive by, see it, knock doors, talk to tenants, there is no real asymmetrical information available the right sleuth can find just about any information about a property from public records and current tenants - and splitting into billions of shares on a REIT would just mean that each of those tiny shares would be priced based off the performance of the asset.

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.I often schedule several viewings at a time, 15 minutes apart.

@Rohan Saxena,It really depends on what sort of lifestyle you’re comfortable with (or willing to endure).

The longer the tenant stays, the more wear and tear you will endure, and the more likely it will be to need to redo paint and replace flooring.

If so, then more details on this situation you endure would be incredibly important for us Anderson clients to know about, thank you.

S&P lifetime is over 9% and much more passive.This is all Predicated on you being able to endure the negative cash flow and worse case scenarios.  

Running an enduring business requires skilled juggling.