Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

I actually hired this tax company in the Fall of 2021 to do my 2021 return and continued using him for this year (2022 return).

To simply not invest with folks who exhibit "Free Spin" syndrome, and continually buy without putting their own money where their mouth is.

Probably but it gives you zero cushion which you'll need on a Section 8 property Thank you @Caleb Brown for taking the time to respond to my post 🙏🏼 I think it’s in my best interest to continue to save and just keep consuming more knowledge in real estate investing.

I don't want to continue to post information to a thread meant to talk about this course that deals with overall note information.  

At least in my market (Los Angeles), many complexes have been struggling financially.

However, home prices vary depending on location:Cincinnati: $319,310Columbus: $348,569Dayton: $261,583Ashland and Athens: Around $203,000Mansfield and Lancaster: Less than $200,000 Ohio's home prices are expected to continue to increase. 

My question is, do I need to update my name to LLc in the rental agreement and inform the tenants and property manager or continue as is with my name in the lease?

Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.

If you want to build long term wealth you will need to keep reinvesting the returns for 25 years from the $150,000, you will also need stable W-2 income to get loans to continually leverage the money.