Holding properties longer than originally planned is also becoming common to ride out uncertainty and avoid selling at a loss.For us, the Club has been a way to hedge against these challenges.

You stick with it, you fix things when they break, you ride out the slow stretches, and one day you realize the property basically carried you farther than you carried it.

The “free ride” for marketing available in the early years of social media is about over.  

This is where most would refi, and pull the 150k out and get their 100k back plus 50k, but I'd let it ride a good 5 - 7 years with no mortgage and try to iterate the process again and then have two with no mortgage where the rent = the cash flow. 

Sturdy metal beds are not only durable, but are somewhat fashionable right now.  

If you can consistently force large appreciation, manage value add, and ride multi year cycles, that is a fantastic model for building wealth, and you clearly know how to execute it.My world is different.

Because, contrary to what younger persons think, that's what the GFC originated, the mortgage financing system melting down in grand fashion, the MBS (Mortgage backed Securities) imploded in a cascade effect. 

Then repeat, over and over.See, the property is just the vehicle your cash is riding from one stop to the next. 

Especially if you get burners that ignite when you use them instead of old fashioned ones that are on constantly.

It just seems like it is much less work and less of a headache to ride the stock market than to buy these homes LOL.