Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.

Communication is challenging, most likely uninsured, but this is in-line with the budget.c) Keep searching for contractors, adding time to project and potentially costs.d) Buy scaffolding or rent scaffolding or a lift and demo myself for under $1,500, including dumpster.What would you do??

And it's not slowing down.

We are currently searching and analyzing properties on the market.My question is regarding "free" credit offers. 

When I search properties mainly in Punta Cana I always run into sites where condos are in development and have about 1 - 2 years till completion.

I know I want to start small/slow with one project (either a rehab/flip or a buy/hold long-term rental) and invest only in areas that I know or live (Los Angeles, Orange County, CA) at least in the beginning.

A good property manager can protect your property, income, time, and sanity.Start by going to www.narpm.org to search their directory of managers.

Quote from @Zachary Gray: I think the value would be to identify your strengthsoperating, underwriting, administrative, analytics, etcthen search for areas where you may be weaker such as deal finders, people with access to capital and opt to partner.

I have had in up for rent through my property manager for close to 2 months now (slow market). 

My questions for you all:Is there red flags that you look when searching for a house hack deal?