Those of us with more experience in the industry would once again have the opportunity to build direct connections with homeowners and secure better deals.

I'm curious to hear more about how you went about securing that and at what point in your investment journey you first did so. 

Instead, make sure you’re securing the best deal possible.

“Kim Lisa Taylor is a nationally recognized real estate securities attorney, speaker and author of the No. 1 Amazon best selling book “How to Legally Raise Private Money" and her newest publication, "How to Raise Capital for Real Estate Legally."

Maybe its the sense of security..

They clearly don't know the law and need to spend 45 days figuring out how to handle a security deposit.

But In combination with fences and automatic gates it makes for a pretty secure-feeling place.

Then you invest that money in a super secure, no risk note with an operator who is already underwater on their original note.

Your options in this case are to:Decline their application.Accept them without references and take the risk, assuming everything else about them is stellar.Require a co-signer.Require an additional security deposit if that is allowed in your specific state.The option many landlords choose is No. 2: Accept them without references, asking for an additional security deposit.

Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.