PM me if you want Elaine's contact information.

1. overestimate ARV2. underestimate repair costs3. trusting contractors4. doing anything DIY or without permits5. not counting holding costs, especially with hard moneyThose are five common ones.Hey Jonathan, thanks for reviewing the five most common mistakes beginner flippers make; very helpful information!

------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

DM me if you need more information.

I have a house that I am looking to rent long term. The potential renter is asking about possibly renting to own. I have never done this or even looked into it. What problems could I face with this? I am looking at fi...

It's not the reality for most and if more beginner investors had the correct mindset they would make better and more informed investment decisions.

If I wanted more information, I'd call some of the rental units for sale, property managers, and real estate agents in the area to get a pulse on what's going on down there.

Great information here already.

To make an informed decision, research the mid-term rental landscape in Garland, considering average rental rates, vacancy rates, and competitor offerings.

Thanks, all, for the great information.