You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

If you do a BRRR strategy, you probably could get away with investing only a part of your savings and having the rest as reserves, which will get you out of trouble for any rookie mistakes you make and let you grow faster. 

@Paul DentingerRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Brown RentRedi tries to enhance the DIY management options.It is NOT a replacement for a PMC.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Quote from @Wai Chan: You've made a terrible mistake of allowing the tenant to violate the lease with unauthorized occupants and pets.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

I've saved my clients thousands and huge mistakes that the builder would have made them eat. 

Just a couple of ideas if the worst case ends up happening.  

Another common mistake is to estimate the complexity of the work by the number of pages.

Hi Tyree, I’ve been doing the same: reading book after book trying to learn as much as possible hoping to avoid mistakes.