Your story is starting to sound like your grasping at straws more and more.

So now they have to move, and your son's friend may have to leave the school district, and it's just going to scar that poor, poor child for life...Now here's something you should consider: for all you know, you may be doing your son's friend the biggest favor of his life to date, graphically showing him the folly and error of his parents' ways, their inability to grasp the reality of their tenuous housing situation and work proactively to keep from being in a situation like this.

Sounds like the issue started from not grasping the financials well enough before purchasing.It is hard to give advice on this without more information and background on why expenses are high and why revenues are not covering the cost.Property 3 - Same issues as property 2Sometimes cutting your losses is the best option but it seems like you really need to get a better understanding of the financials.

I am trying to get a good grasp on the market and started out with my team (Lender, Agent, PM, and Contractors) but in finding an ability to do BRRRRs here or converting properties, I noticed it to be very difficult due to some of the zoning (All of the zoning) limitations that are here.I am currently struggling to find properties that cash flow positive pretty consistently (From a duplex-fourplex perspective) and even if I look at living in it personally, it can easily still be "cutting it close".I noticed that most agents are focused on appreciation here (even the investment minded RE Agents) and were curious if anyone had any stories they might be able to share or some suggestions/learnings from being in the greater ATL market.All the best,J

@Sam TouroonjianThanks so much, that is the popular consensus I am slowly starting to grasp!

The "Ultimate Beginner's Guide" is a must-read to grasp the fundamentals.Market Research: Before diving in, thoroughly research the Pittsburgh real estate market.

I think getting your hands dirty gives you an appreciation and understanding that others never fully grasp; however, your body can only take that for so long so you gotta learn to play the short game.

Seller's who think they can price high and just drop as time continues don't always grasp this and lose out on potential sale.On the investor side, I've always recommended running numbers with cost of resale through an agent included.

Then look up the following criteria:Unemployment ratesPopulation growthAge range population changes Median rent ratesVacancy ratesPercentage of job sectors (says be careful in areas that have one dominant sector +25% bc if that sector tanks it will most likely have a neg impact on rents)Top employers (same as above)The you take that data and observe the trend over the last 5 years to try and get a good grasp on how that area is trending.

How quickly do you grasp new concepts?