This is why I emphasize education of real estate principles, law and finance are essential for the real estate investor.  

Furthermore, you may want to educate yourself on the topic of debt to income (you know the original topic of this post).

I called them out first that 30% is a joke and you cannot give that to investors and secondly cash on cash is not even a metric to be used for notes.Atleast he got to use some of that $10,000 education they probably paid for to post on social media. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Regarding bookkeeping/accounting, 100% of the feedback I've gotten from REIs who have tried to have a VA help with their bookkeeping is they had no clue what they were doing and they caused more issues than before they were involved.There are great groups out there such as the "Bookkeepers for Real Estate Investors" Facebook group where VAs can get the education they need to be productive within REI bookkeeping.

Also some people have no comprehension of the work and skill involved in executing a good value add and the compensation I expect for executing one.Be cautious in dealing with family.  

I heard about a camp for adults and kids that focuses on financial education.

The GDPR introduced comprehensive regulations on how organizations, including real estate companies, collect, process, and store personal data.

Educate your guests.