Every time something happens good and bad I modify my lease, make an addendum, make it stronger, another thing to consider for future agreements.The Lease is what you and your tenant legally agree to when entering into the relationship of landlord tenant.

I've also had jobs run exactly on budget and still tanked because we hit an unexpected foundation issue week 4 and I'd already spent my contingency on cabinet upgrades.The flip that almost broke me wasn't because of bad numbers -- it was because I trusted a contractor relationship before it was proven.

An interest-only LOC is bad debt -- that's the one to kill.Two STRs with strong cash flow fundamentals beat one property with a zero-debt balance sheet every time.

Rent to price ratios are very bad in Charlotte area and this is one of the better deals I have found in the area.

This isn't that.Here's what I've actually experienced — the good, the bad, and the things nobody tells you when you're just getting started.The Money — Does Section 8 Actually Pay Better?

I have had horror stories and can help you 1) avoid certain professionals there who will hurt you badly and 2) guide you as to whom to use for a smoother experience.

I actually feel bad bc there are people closer to the tracks. 

You can fix a bad rehab.

If you’ve had a bad one, what went wrong?

As you said, durability beats perfection every time.Most investors fail because they fall in love with the "best case" scenario and ignore the "bad luck" scenario.