As a new investor, I made the common mistake of being too aggressive, starting with seven distressed units all at once.

I decided I had learned from pay mistake and did not entirely gut the apt.  

They will also be able to claw back mistakes)Bank statements (To prove the amount of business you average monthly, to set your ACH limits)These are all going to be required from any PMC software provider that allows you to directly access these services.

The common mistake here is that not ALL your equity is borrowable on a property and even more so on a investment property then an owner occupied property. 

This is what I discovered if this helps anyone out who Googles about them and ends up on this Bigger Pockets forum thread.On Reddit, there were several negative reviews like really bad ones of current clients who can't seem to exit from their services and who have spent and lost lots of money due to lag times, mistakes, etc. on the part of Anderson Advisors.

Those who make that mistake almost never dig themselves out.

I have sold a couple of businesses as well, and speaking from experience, you are never more vulnerable to make a mistake than when you are sitting on a giant pile of cash.Also, I agree with @Corey Conklin - I'm a big fan of "overflow cities/towns" in the sun belt.

You're facing a common investor challenge: learning from experience (and sometimes mistakes).

I think this is a mistake.

I know investing with family can possibly hurt relationships if things don't go well, so I don't want to make any big mistakes since this is a large amount of my parents inheritance.