"[B]e fearful when others are greedy and greedy when others are fearful

If you are in the R/E business utilize your title rep to help you determine the liens and judgements that have been filed against the property.

Even e-mail is better than texting.

http://www.trulia.com/homes/Oklahoma/Tulsa/sold/474392-2129-E-56th-St-Tulsa-OK-74105#photo-2

And when you lever up RE investments, they can indeed become more risky AND provide a higher E(r) than large caps.

P ast due taxes R eallocation of investments O verburdened P ending divorce E state Inheritance R elocation required T roublesome tenants Y eilding bankruptcy OR This one?

- I purchased the inexpensive e-book from Peter Harris, who is a well-known apartment consultant (wrote one of the "Dummies" books with Peter Conti, and wrote a book for the Trump group).

If there are r/e agents involved, they have errors & omissions insurance, might be able to go after them.

My MBA brain says you have to include those, even if you don't think they'll arise this year, or next.Some turnkey sellers juice their numbers by not even including maintenance.

If you choose disregarded entity (single), your LLC rental activity is reported on Schedule E just as if the LLC did not exist.There are some who believe the partnership LLC has better liability protection than the single membre LLC, but that is a conversation to have with your attorney.