Not sure if you lost me at “Won’t cash flow” or “subject to HOA”.  

It will let her know you’re serious and you will get some control quicker.  

But now we look around us and kind of just sigh at the lost opportunities. 

You also can usually get the insurance to cover lost money from rent.

Getting all of your money back out on this market is not realistic, at least in our market.You should expect to leave 5-20% in the deal.However… you end up with less than 25% down, a fully refurbished unit, and a top of the line product for tenants.This strategy allows you to control your two most variable cost, maintenance, and CapEx.Personally my focus on a BRRR is beat the down payment market by 5-15% and have a fully updated unit I won’t have any work to do on for 5-7 years.All the people that want to turn 40K over and over and over and finance rehabs are going to spend a lot of time looking and not a lot of time doing.

completed house after 1 year of building. lost money due to market crash in 2009.

But much like Elon Musk tweeting on his airplane about taking his company private and then his stock tanking, you, as the investor are just a passenger on the plane and have absolutely no control over how things go, or what the people managing your deal will do.  

Lost a week of rent and a $2000 remediation.  

I'm looking at a 6 family in a rent controlled town that is fully occupied.

🤣😂😅I lost my ****…..