I am in the process of doing my due diligence to prevent dealing with inexperienced lenders.

What makes that scenario much less likely to happen today are the reluctance of the banks and lenders to leverage themselves that much, the forcing, by regulation, to prevent them from getting too leveraged, and the collapse of those toxic assets that used to be traded around like a game of musical chairs, with the value only set by whoever was dumb enough to pay it, in the hopes there would be a bigger fool down the road. 

I know both you guys try hard to prevent this from happening. 

In other words, I do not think adding a co-signer really prevents a bad tenant from proving to be just that...

My advice for newbies is always to do as much research as you can (and @Casey Miles made a GREAT point about being aggressively patient) but to take the time to ask yourself (and your family) and few important questions to help weed out options and prevent analysis paralysis.

You don't want obstructions, but the trap will prevent any nasty sewer smells from coming up the sink.

I am a big fan of preventive measures, but is this something I should really jump on right away?

Whether working as an agent or not, there is nothing preventing anyone for bringing suit making allegations.

Hi BPer, What can landlord do to prevent or compensate for the Board of health visit?

I'd like to collect rent on the 1st and then pay the mortgage on the 7th to prevent the lag of pulling money out of my property account just to put it back in within a day or two, but I want to make sure that my interest won't go up in the 6 additional days if I pay it on the 7th.Can someone let me know if that makes sense or if I'm misunderstanding how mortgage interest is calculated?