.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I think when you start you need to make sure you work with people who are reliable.

It's not easy to admit mistakes.I think you should start by eliminating the get-rich-quick mindset.

Is it a bad idea to start investing if I don't live in the country.

Should we start LLC? 

If I were you, I would start this way, if you are new to real estate investing.

Quote from @Gregg Hutton: As a realtor who started as an investor first, I’ve noticed a huge mindset difference between investors and traditional homebuyers.

I’m a licensed realtor, an investor in the making, and someone who believes in making something out of nothing.I started in wholesaling before getting my license, and now I’m grinding to become a consistent producer while positioning myself to rebuild as an investor.

While this has been an unfortunate start to my investing journey, I still believe in RTR’s future as I see great opportunity here for investors when it’s done right. 

This allowed Jerry Scott and Chad Wolfe to focus on the execution of the project without needing to invest their own capital upfront, ensuring a streamlined process from start to finish.