Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities.

From my understanding, it basically means that you need an egress window.

I understand that you don't pay taxes on borrowed money.   

Ensure you understand local regulations regarding permits; it’s usually a good idea for your associates to form an LLC for liability protection, but individuals can do renovations as long as they pull the necessary permits.

If you proceed, understand you will most likely GET LESS for your property with a tenant as opposed to vacant.Why?

Have read and done some preliminary research on assumable loans, and was wondering if you could help me understand the hurdles that go along with it.  

I’ve recently finished reading J Scott’s “The Book On Flipping Houses” and found it to be extremely helpful in understanding most aspects of a fix and flip project.

Once I reached that goal, the drive for the next one felt just as strong.Reminder to enjoy the journey and that it’s not about the destination.Every goal you reach, you will enjoy it for a short time, then be on to the next one.How do you balance striving to do better and for more while understanding that it will never be enough?

Also look at the rental laws in the areas you are considering, just so you understand what you are getting into and whether you are OK with them or not.

Whether you're interested in residential properties, commercial spaces, or real estate investment trusts (REITs), there are various strategies and approaches to consider.Real estate investing also involves understanding market trends, economic indicators, and demographic shifts.