Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.

Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Baselane offers cash flow at the unit, proper or portfolio level.

The only reason gold, or the US dollar, have value, is BELIEF and trust.

Pressure test is not on the table anymore, mainly due to lender's inability to communicate.My realtor is just trying to work with what we are getting from Chase and trust that the underwriter, appraiser, etc are competent enough to see that this is a good deal.

1. overestimate ARV2. underestimate repair costs3. trusting contractors4. doing anything DIY or without permits5. not counting holding costs, especially with hard moneyThose are five common ones.

Criteria:6 months STR2 bd, 2 ba, Single Level House Furnished with yard, washer & dryer with A/C (inland not near coast)Pet Allowable 40 lb labodor 10 yrs, 40 lbs Red Heeler Mix and 6 lbs catNear VA Hospital, shops, grocery stores (at least 25 minutes commute)

The effort level is lower to sell than to BRRR, because you don't have to rent or refinance the property.

So I trusted Rob and the realtor Charissa Napoles.

I wouldn't trust the tenants "contractor".