Yun says weather also played a role since last month was "the warmest February in decades."

So... putting the pieces together... to do a turn around play, which a brrr is, you need to make sure you can execute all the necessary steps.

Things get pretty scary playing with that much money via wiring, etc.

@Ryan Swanson you don't provide enough information to give you a meaningfull answer, but my concerns is that you are having fun playing with layouts and will see a negative return on investment.I assume this is a filp - first rule is: don't fix it if it's not broken.

I'm thinking the better play is to sell it, and use the capital to acquire a purpose-bought multi family property that will hopefully have better month to month cash flow.  

I ended up reading several other books in the Rich Dad, Poor Dad series and started playing Cashflow for Kids with my children so they could break out some day. 

If your not planning on being super active than continue to play the long game in areas that are safe from big market shifts.

Currently all of the people on my buyer's list have been generated from CL ghost ads so I think that has a big role to play in it.

Some of the other expenses on the proforma are not accurate and I would need to use my own numbers to make sense of the deal obviously, but it does still seem intriguing as a value add play.

I live 40 miles away, so I called the owner of the biggest plumbing co in the city and he and 2 techs dropped everything to get to the property within 10 minutes of my call.I had put a garage outdoor access remote on the outside of the house.. they couldn't get in thru that because THE POWER WAS NOW OFF.Luckily i had put a coded door knob on the kitchen door that opens to the deck-- i gave them the code and they were inside instantly.The water heater was STILL SPEWING WATER full blast in a stream so strong it was hitting the second story ceiling and hitting the ELECTRICAL PANEL also located in the garage and that's what had knocked out the power .The plumbers immediately turned off the inside water main cutoffand sent me photos of the EMERGENCY SITUATION the pm so calmly let me know about by email an hour earlier.i fired the pm co that instant and got on the phone to STATE FARM (my HOMEOWNERS/rental policy dwelling ins co) all whiledriving an hour to the property.i also called the city's best WATER EMERGENCY REMEDIATION COMpany while en route.When i got there, the water was turned off ( finally)the drywall ceiling had fallen in, the light fixtures destroyed, the garage door opener plastic case was HALF FULL OF WATER and there were 1000s of mold blooms on every surface and hundreds of stacks of spiky growing black mold (looked like iron fiilings we used to play with in that game we all had as kids where u use a magnet and drag the iron filings around to put hair and a mustache on the bald guy cartoon photo) the mold spikes were 1.5" tall on the wood railings and stairs going into the house, on all of my beautiful built in wooden garage shelves--- what a mess-- like the streets of Beirut after the bombs went off.and I don't have allergies -- but i could not even STAND inside the garage because the WET MOLD MILDEW SMELL was so strong it instantly gagged me and gave me a headache and i couldn't breathe.So here we are on Jan 17 and now i know that the BEST rental dwelling policy does NOT COVER MOLD REMEDIATION AT ALL ( so far $14,000) but it does cover water damage with a $2500 deductible...