I think Chris nailed it perfectly - you have to take your DD to another level and also be in a position, both financially and contractually, to take control of the situation if the borrower defaults.

Its one thing to have an opinion, but I would not want biggerpockets to have a chatbot to answer those questions (nor would I assume they want the liability).Within your comment lies the more reason for AI powered fact-checkers and flagging system that can flag bad and good advice.

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

Hello everyone, I’m interested in hearing about which systems and technological tools you use as real estate investors as part of your work, and how you use them.

And now the sales have slowed too, so hopefully turning the corner for a buyers market.Don't forget its an election year and inflation isout of control.

My current focus is on doing my first flip or live-in flip here, and I'm eager to learn from those with experience in this space.I'm particularly interested in developing solid systems and strategies to achieve long-term financial freedom through real estate.

Whichever way you go, do your own taxes or get a CPA, make sure you have a good bookkeeping system for each rental and I'd recommend getting a business checking account - when I had my rental income and expenses mixed in with my personal account, it took a long time to sort through which was personal and business (rentals) with pages of bank statements. 

However, bonus depreciation doesn't apply abroad; instead, the Alternative Depreciation System (ADS) with longer periods is used.The Short- Term Rental Loophole Explained (biggerpockets.com)

Become great at systems and processes because that is really the only thing that makes investing work consistently.  

Approximately 87% of Clark County (where the Las Vegas metro area is in) is under federal control.