Minneapolis is a train-wreck of a city, because of a train-wreck of politics.

But, this market is getting wrecked, and will continue to get wrecked, as far as the owners of rental property investments are concerned.

Even though the original party may no longer be responsible for the debt per court order, their credit is still on the line, and nonperformance on the trade in question will wreck the original borrower's credit.

We have some hurdles though (owning 7 businesses over the last 15yrs and the debt that came with those, covid wrecked us… along with a mountain of college student loan debt for us and our kids), our credit is… rough, to say the least lol… we really have no idea how to begin.

After moving in, this tenant was nothing but trouble - stopped paying the rent, resulting in eviction and wrecking the place.

So ok, homes getting dumped and stripped, everyone needs a roof over there head so F-IT, let's find train-wreck dumps so I can do what I do, we make em awesome and make money.    

You’re not alone though; a lot of investors go through that painful phase, especially with small multifamily where one or two bad tenants or a mismanaged turnover can wreck cash flow and it create a domino effect from all factors involved also going wrong.

By the time the lease terms had expired they moved out, but not without leaving the home a COMPLETE wreck and taking the ENTIRE kitchen with them.

Unless you can find a real wreck of a house in a great neighborhood in a high-priced market on the cheap.

If there's a semi wreck, which happens often, you might sit for a few hours.