I'm particularly interested in understanding:- Key renovation aspects that meet Section 8 standards- Common pitfalls to avoid in the process- Any specific features or improvements that are highly recommended to facilitate a smooth inspection and tenant satisfactionAny advice or a checklist you wish you had when you started would be super helpful.Thanks a lot! 

If you see a pro-forma and they have to use short term, debt, floating debt, etc. to make something look good then might think of running fast.Just like house flipping there are times in cycles when anyone could make money and other times when it takes someone long time in the business to avoid pitfalls.

I will be happy to share my experience to help you avoid potential pitfalls. 

By doing so, you'll avoid the traps, dodge the pitfalls, and set yourself up for a lifetime of real estate wins.

We’d get an airtight contract of course but am wondering of there are any pitfalls we’re not thinking through.

**Exit Strategy**: Make sure you have a solid plan to refinance or sell the property before the loan term ends or in case the lender enforces the due-on-sale clause.Being diligent with these aspects will help avoid potential pitfalls in your first Subject To deal.

Document everything so you can streamline the process in the future and learn from any pitfalls along the way. 

Many people above have commented about a few of the pit falls in this strategy.  

I'm thinking about building a multi-family property in the Indianapolis market. I'm interested in getting some insights on the pros and cons of building a triplex versus a duplex or quadplex. I understand this is a br...

@Saleh Riazi, thanks for sharing this, great to know the pitfalls @Saleh Riazi, @Kenisha Forbes - I am starting to do my search for investment property in Ohio.