Also, I'd add that any second position debt, preferred equity, or their brother's, sister's or cousins in any shape or form are at #2 on this list, in really any asset class. 

Buying RE is nothing like buying index funds or stocks - Google it for 15 minutes, click on buy shares.

I am on the board of the RPA (Rental Property Association of Wisconsin, a non-profit) and typically hear if things like this are an issue from our members or attorneys.

Any tips and information is greatly appreciated thank you! 

@Bob Lachance - I love that you jumped on this post, especially touting the benefits of turnkey, because he's not interested in buying turnkey.  

I love this architects designs for cottages and pocket neighborhoods, but this concept is something entirely different.

I actually started my own blog to break down the latest market news in a way that’s easy to understand and actionable.I pull my information from a few solid sources, including:•Florida Realtors (floridarealtors.org) – Great for statewide updates, trends, and legislative changes.

Family committments can be pink (or whatever color), money making tasks (green), follow up for leads/lead generation (yellow).If it's on my calendar, it exists.

Way to many investors were buying properties for more then they were worth with hopes of collecting MUCH MORE than market rent.

Waste of time, huge room for error and zero reason for a customer to do this.....any Contractor worth his salt will have better pricing/quality/selection on the big stuff and will have guys on his crew that can do those dreaded 'parts runs' for the little stuff.