Hello my friends. Welcome back to Passive Real Estate Investing where we dive into the world of real estate investing among other related topics. To help you with your real estate investing journey, today we’re doing something a little different. We’re going to take a trip down memory lane and showcase an important episode from the past on what we call our throwback Thursday episode. Now, whether you’ve been with us since the beginning, which goes back to 2015, or you’re tuning in for the first time, this episode is a must listen, we are revisiting one of our more popular episodes from the past, and believe me, what we discussed back then, whether it’s six months ago or six years ago, is just as relevant today. So sit back, relax, and let’s rewind the clock for this great episode. Enjoy.Today's question is kind of simple, but I feel bad for this person. Her name is Grace and she writes in and says, hi Marco. Thank you for your amazing podcast. It is very informative and educational. It's been a few weeks now since I started listening and I gained a lot from it. I am new to real estate investing and this is my first adventure. Not sure why she called it an adventure. I took some friend's advice and bought some vacant properties in Baltimore with a price range of 10,000 to $20,000 hoping to rehab and sell or rent out in the areas that are expected to grow. I don't have any real data, but it is possible in a couple of years maybe, but that was a year ago. Unfortunately or fortunately maybe I need to be educated first in brackets.I was not able to do any of that due to finances and other circumstances. Now since I started listening to your podcast, I thought it would be wise to seek advice before I go too far with it. The area will be considered a class D neighborhood. I think my question is how should I proceed now? Should I try to sell them as is even if I lose money and use the cash for a down payment for a turnkey rental property or should I try to rehab and rent out or sell the properties? Thank you for your suggestions and keep up the amazing work you are doing in educating everyone who is interested to learn kindly - Grace.——————————————————————————————————————————————Throwback Thursday Episode (The episode originally took place in the year 2020)This episode is part of our Throwback Series and may include references to older content such as web classes, events, promotions, or links that are no longer active or available. While the conversation and insights still hold value, please note that some information may be outdated.Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing.If you missed our last episode, be sure to listen to TBT: Ask Marco - Residential vs Non-Residential Market Drivers See our available Turnkey Cash-Flow Rental Properties.Our team of Investment Counselors has much more inventory available than what you see on our website.  Contact us today for more deals.SUBSCRIBE on iTunesGrace, thank you for writing in. I appreciate the question. This is a difficult question to ask in a harder question to answer for two reasons. One, I feel bad for your situation and two, I don't actually have enough information to give you a complete answer but I'll make a few assumptions and I'll answer to the best of my ability.First and foremost, this friend that gave you the advice to buy these two vacant properties, is she really, are he really a friend? In some ways, I'm thinking that this is a way to uh, punish your enemy. But it really depends on what you bought because they could be two great properties with minimal work in a decent area, although I don't know if decent and D class neighborhoods go hand in hand in the same sentence. But anyway, you did what you did and you have what you have. So on the surface, this sounds like you made a mistake, but smart investors, intelligent investors, good entrepreneurs have the ability to turn lemons into ...