@Joe SplitrockSadly for me, the fact that you're obviously right has to be acknowledged.

Doing the research prior to investing in my first property, I just wanted to take a moment to acknowledge your success.

@Frank Maratta I also have a property that I run a dehumidifer in the basement at all times but i leave it out in the open and my tenants dont even acknowledge it.

Research includes, but is not limited to: location of property, demographics of location, current state of the market, analyzing competitors, understanding common trends and issues in real estate investment, acquiring market competitive advantages (pre-qualification, mortgage pre-approval), acknowledgement of investment costs as well as future costs,I would like to know the source of your statistical data, as knowing who and where the data represents is important.Finally, one of the most important character traits necessary for a successful real estate investor, as well as an entrepreneur for that matter, is adaptability.

We all have trouble acknowledging our own mistakes and admitting when we fell for a sales pitch.Hard selling is different from scam.

To acknowledge that it was noted as such in the listing, we put the offer with the inspection contingency, void only.

You cant work with BROKE.Best to acknowledge it aint going to happen  and implement plan B or C or D if necessary.I was looking a record $120,000 income for me this year.   

Please acknowledge that you understand that. 

It may not matter because you have the $100k equity and rent and value will increase over the long term (it is a good investment) but then you must also acknowledge that you really do not have a best calculation of your cash flow.  

Without going into the "the cartels run the country" kind of discussion, I'm the first to acknowledge that, sadly, Mexico does have a serious problem with violence.