My PM scheduled a yearly inspection they my property and uncovered these issues: Sprinkler eroded a hole in the dirt near the houseFascia has a gapTree needs a trimKitchen cabinet door won't close, replace hingesPressure wash concretePool Screen Panels torn, need repairScreen door latch needs replaceThen he quoted this work out and it came to $1145.

You must follow the rules exactly or you will pay tax on the 'uncovered' gain.

This is a fatal flaw in the calculous of the novice investor, that getting more unit's = "more" returns.... 

When we started renovating one side of the duplex, we uncovered multiple issues that drained most of our reserves.

@Jayden Hamilton Everyone is different, you'll have to try it and see what happens.But your logic is flawed.

The inspection period is your opportunity to uncover as much information as possible about your purchase.

I do not know what you had your 401K invested in but most people who invested into a 401K in 2010 have done better than double their money.Of course, RE allows easy leverage so a double in market value could present a 10X return on investment.My point is your comment is likely factually flawed (assuming you did not have it invested stupidly).

This is a tremendously obvious flaw in the majority of investors here.

@Johann Jells the numbers are flawed, they equate military bases with monetary payments and other nonsense meant to skew in favor of an predetermined outcome.It is really amazing how difficult it is to get someone to say thank you for several billions of dollars.Btw- there is renewed fear as another surge is hitting the north east.

If the plan was to exit investments (stocks, real estate) high just to buy back (stocks, real estate), yes it's a little flawed.