Many people started flipping and made money only because the value of properties went up enough to cover their mistakes.

Another one might be I want to risk less money on the first deal even if investing out of state is more difficult and I need landlord friendly laws so my mistakes are less expensive.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

The biggest mistake people make when attempting to invest overseas is trying to apply US strategies overseas.

It was a good option for me as I made the mistake of having too many primary mortgages that made my DTI look really bad as I didn't have long term(2+ years) of rental income on my tax returns.

@Christopher TeagueRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Thanks.Start small and Make Your Big Mistakes Early.The above sale move could be a mistake and it will be another lesson I learn. 

No mistakes by PMs on financials that impact taxes? 

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Sometimes David makes mistakes with repairs but I've never known them to try and cheat me.