@Zachary JensenThe originalPost “ why wouldn’t an accredited investor invest with no risk….”Why is it that people think there is no risk in real estate.

The one who got 2 doubled it as well.

Like someone else said very well, invest inopportunities, not in a particularasset or strategy.

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

Started working on the exercise above as well this morning.

The more deals you’re part of, the more you learn about:✅ Structuring deals✅ Managing risk✅ Negotiating with partners✅ Handling financingTaking part of a good deal helps you build real-world experience that will pay off big in the future when you do bigger and better deals.3.

Think of yourself of an asset manager, not a maintenance provider or lease-up specialist (but do those well too).3.

What sorts of questions can I ask her to learn how much risk this is? 

Well said!

Recognize if you are relying on non enforcement of rules, you are taking on a risk (investing is largely about calculated risks).Enforcement may vary by location but should not.