Here is a link: https://www.amazon.com/How-Limited-Liability-Compa...Asset protection is such an important component of starting and running a business, especially one such as real estate investing.

You should have a commercial attorney that specializes in retail,medical office, etc. do the lease and other components.

I'd be up at night worried about water leaking from a faucet, all those pipes just waiting to break, that old window that is about to start leaking, or pests getting in, or mold, or appliances breaking, or tenants causing damage, losing their job or getting divorced or dying, or a tree falling on the house or sewage backing up into the house or any number of unexpected and expensive things that happen at the least opportune times.

This is the assignment component. 4) Yes a buyer could attempt to deal directly with the seller but be firm with the buyer and tell them if they do attempt to do that then you can't be doing business with them. 5) Investor meetings primarily, calling people on craigslist who are renting properties and ask them if they are looking to buy more, can do the same with "for rent" signs you see in a neighborhood. 

It's the roof, foundation, and electrical issues that were the big unexpected repairs, along with all the little items that add up.

I personally have not seen what she referred to but reached out for my opinion after the landlord sent her an invoice unexpectedly. 

Nonetheless, this may just be a necessary correction of course given the black swan event proceeding the GFC causing unrealistic unexpections. 

However if you make it to his big event which does cost a fair amount of money .. the content is quite detailed and you will learn how to or what to do to find rehab and resell.. and a lot of detail about rehabbing from all major components costs etc.. one of the big rooms is a deconstructed house and he has experts in from each trade.. 

Too many variables can go wrong and I have found using these numbers helps ensure a good and successful flip even if something big and unexpected comes up, which almost always does.What is your main source of leads?

That is an important component in this space, and so far everyone seems to just want to manage Notre Dame grad students...