When you do your financial due diligence, you look at the property's financial records, leases, contracts, and other related papers.

it's going to be nearly impossible to raise money for deal 1 without a track record

It entails verifying leases, contracts, and financial records in order to acquire a comprehensive picture of the property's financial health.

How about looking at county eviction records to see which attorneys are initiating a fair number of eviction cases. 

I’m assuming you look at a rental track record for the investment property, but that’s not steady like a paycheck.

Maintain Accurate Records: Keep detailed records of all payments made to contractors, including invoices, payment receipts, and copies of the W-9 and 1099-NEC forms.

Some thoughts from my non attorney opinionRamifications of QCD signed but not recorded - its worthless.

There were a lot of inaccuracies in her accounting records.

neighborhood drive by and legal records How did you finance this deal?

Sometimes you can talk directly to the owners.Use the Internet - Websites can show you houses that are being sold because the owners couldn't pay their bills or are in other kinds of trouble.Check Public Records - Look at official papers to see if a property owner is behind on taxes or other bills, which could mean they need to sell fast.Study the Market - Learn about how much houses in that area usually sell for and how much you could sell it for after you fix it up.Be Careful - Make sure you investigate the property fully to see if there are any legal problems or money owed on it.By using these steps together, you can find properties that might be a good investment because they need work or are being sold at a lower price than usual.Kind regards,