Unfortunately if you fail to follow through with these steps consistently in a lower barrier market, you are more prone to get caught up in trouble. 

I am an advocate for owning real estate in an LLC if done correctly and for a number of reasons related to asset protection that are not ordinarily articlulated on here but most who do purchase their real estate in an LLC fail to operate the LLC's correctly and fail to enjoy the benefits.

In cities, 1BR places often fail to compete on price with hotels.

You would be in violation of the Dodd-Frank ACT if you set up the buyer to fail. 

The County is proceeding with eminent domain, which will doubtless cost taxpayers more, so they can fail to operate the landfill efficiently.

See below for the detail, but here is the summary: You can group the LP interest, but now you have to meet (unless De Minimus applies) the limited partner's material participation rules, and most of the LP in syndicated deals fail the test.

Parks get shuttered and sold for new development when park owners fail to keep rents ahead of inflation and competing CAP rates and other uses become more lucrative.  

Additionally, we may include clauses allowing for mortgage assignability and a balloon payment extension if the property fails to appraise for a specified price upon balloon expiration.Find below the 3 single-family seller finance deals that have done so far. 1st Deal breakdown: Purchase price: $330,000 Loan amount: $305,000Monthly payment (P&I): $1,181.55/mo40-year amortization at 3.5% interest rate20-year balloon paymentMarket Rent: $2,100/mo__________________________________________2nd Deal breakdown: Purchase price: $200,000Loan amount: $175,000Monthly payment to seller: $500/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,200.Market rent: $1,750/mo__________________________________________3rd Deal breakdown: Purchase price: $175,000Loan amount: $160,000Monthly payment to seller: $437.50/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,400.Market rent: $1,500/moFeel free to reach out if you have any questions!

I am already a licensed broker in NY and NJ, but I am ashamed to say I failed the broker's exam in Connecticut a few days ago.

Myself, I post 2 ads every single day, without fail.