This deal reaffirmed the importance of partnering with local market experts like Erika Gilbert.

Unfortuantely, things happen that are out of your control.The insurance issue is such an important takeaway.

Having the account labelled "trust account" or "escrow account" is important, as is keeping funds separate from your own, as is the account being held at a NC bank.  

It is important to have a document which spells out the type of wood to burn which is signed so that there can be no misunderstandings.  

The key is to be ready, wait for the right property, and adjust your offer based on the strategy you want to deploy.The time of year is less important than the property itself.

One of the most important things to look for is the support during and after the class. 

Problem: Set & Forget - Most people know the importance of an accountability partner when it comes to goal setting.

The first time I was laid off it was traumatic because I my industry and the economy were in the toilet but more importantly, I didn't have enough cash flowing RE, second time.... not nearly as bad, and the third time it was my idea and I haven't lost a minute of sleep about my decision. 

Since the assumable financing and seller carry combined could put a strain on your monthly expenses, it’s important to model different scenarios for vacancy, maintenance, and management costs.

I just think it is important for consumers to realize that they cannot use Handymen for everything (of course depending on their state as you say).And yes, better to jump in and get going.