In addition, they are bearing the risk of you backing out of the deal and them being stuck with vacant units not bringing in rent. 4.

He ignored several attempts and only got involved when we sought outside help but has again become unresponsive. 

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

The headache and the risk is owning the mobile home.  

Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

I don’t want much if any involvement because I’ll be doing other things.  

Your risk vs. reward is way off balance there. 

Umbrella insurance can be a smart way to shield yourself and your partners from potential risks that basic policies might not cover.From what I’ve heard, local insurance agents familiar with investment properties in your area are a great starting point.

Using a family address could expose you to unnecessary risks in the event of any legal or financial issues related to the business.Additionally, these virtual offices often provide extra services like mail and package handling, telephone answering services, and access to meeting rooms, making them a more professional and practical solution.

There is less risk involved in the cheaper properties .