Hey BP Community - New real estate investor here and I want to get ahead of ‘watch outs’ or adopt some best practices that I might not have considered so far.  

A fitness watch is a good add on to keep you honest.

Tons of rich old people and young kids watching shows at night.Maybe this restaurant needs a coffee shop/cafe and a restaurant.

Any potential pitfalls or challenges to watch out for in seller financing transactions.4.

I have no experience in this field aside from the books and videos I've been watching (Drinking from a fire hose).

And who is "watching" them?

Eco-tourism (outfitter tents) for off-grid wildland camping, bird watching, mtn biking, hunting and dark-sky stargazing will bring incremental revenue.

The videos I watched said that you can finance the property but it’s not the same as a traditional mortgage it’s kind of reverse and with a SDIRA property you need to put down like 50-80% and finance the rest because they’re most concerned with a large cash flow being generated to grow your investment and also to be there in case there’s any major repairs because those also have to come out of the account, you just can’t pay for a new roof for it out of pocket it has to come out of the SDIRA account.

Eco-tourism (outfitter tents) for off-grid wildland camping, bird watching, mtn biking, hunting and dark-sky stargazing will bring incremental revenue.

When i purchased i thought this home was expensive, but watching the area blow up around me was absolutely worth the wait.