They paid way too much, and there's not a darn thing those people can do about it except 1) Cut their losses and get out, or 2) Ride it out for a few years and see what happens.

Quote from @Secoya Jenkins: Hi everyone,My name is Secoya, and I’m a real estate developer and designer focused on multifamily and commercial projects in Bergen and Passaic County, New Jersey and other strategic growth markets.I’m here to learn from experienced investors, share insights from the development side, and connect with people passionate about creating value through smart design and strong market fundamentals.I’m particularly interested in building relationships with investors, brokers, and fellow developers who see opportunity in well-located, underutilized properties and emerging submarkets.Looking forward to connecting with like-minded folks here!

That first rental win is a great start—excited to see you build on it with a solid plan!

For example, in Milwaukee the RPA offers a Landlord Bootcamp twice a year.It is kind of you to be considerate and think about financial incentives, but kindness will often be mistaken for weakness.1.)

With the compliance regulations tightening everyone, I still see Three Rivers, CA not too hard.

I am not opposed to looking into seeing if I can go all in at$183k and flip - that is a good idea.

I see the minimum is $100,000.

See article:https://www.forbes.com/sites/rogervaldez/2021/06/14/americas-great-leap-forward-for-housing-landlords-should-cease-to-exist/my hometown just instituted a rental registry.  

in Pittsburgh for example you can buy a house for $25K, spend $100K on the rehab, and end up with a house worth: $100-125K. 

Disclaimer: Real example from this past week.