Can you tell me about any pitfalls you didn’t predict or anything you wish you knew before you started?

This will be a long distance BRRRR (I'm located in California).I've got 8 turn-key SFRs but now want the money to work harder.Do out of state BRRRR investors have tips on getting started and/or pitfalls to avoid?

What to look for, pitfalls, protections and contingencies to have in place for the investor perspective aand from the wholesaler perspective.

The most common pitfalls include underestimating the workload, difficulty finding reliable tenants, and managing legal requirements.Additionally, DIY property managers may not have access to the same resources and networks as professional property management companies.

.- Any potential pitfalls to watch out for during this process.If anyone has navigated a similar setup or has referrals to professionals who can help, I would be extremely grateful for your input!

Best regards,Zach RumfieldZachWelcomeReach out to us and let us know what you are to focus on and we can send some info re the law and title side of things -- we have info on all investing methods and tips, tricks and pitfalls to watch for in all areas of investing Thanks Alan

Examples of pitfalls include purchasing in an undesirable area, not understanding the market values (vs. list prices), not knowing the rental values (current and market), inheriting bad tenants, buying a lemon, going rogue on renting and management with no contacts / systems / no legal understanding of PA and Municipal landlord-tenant laws, not having trusted resources and contractors in place, using out of state lenders or shaky financing, throwing lipstick on a pig when renovating a house and wondering why it's ARV isn't increasing, tenants are renting, etc.

Any legal advice or pitfalls to be aware of when raising capital?

Make sure you’re running conservative estimates on your rehab and refinance numbers, especially with fluctuating interest rates.Partnering with an investor-friendly agent who knows your target market well can help you locate solid opportunities and avoid potential pitfalls.

Hello all, I have a family member that has a decent property 4bd 2b  2 car detached garage on about 1-2 acre value is around $230–250 and if cleaned up and in perfect condition $300+.  Now the property is free and cle...