My first "big" house (we owned a townhouse in college).
Purchase price of X
Put in over $50,000 in repairs and maintenance
House sold for X minus $30,000
Total loss of $80,000 in seven years
Oh, I decided it wasn't the "perfect" neighborhood 3 years in. Wanted to move, but didn't want to eat the $80,000 loss.
Missed out on the same investment real estate market at the same time as Paula Pant at Afford Anything, she's long retired and I'm still working.
Do you still want that house?