I've had friends that lost all back rent to a property management company that went bankrupt. 

Do not think you can just start an investment company with 15k (that is reserves only on one property).Work for the next couple of years while you all learn and use your skills to help build the foundation of a future company and leverage your relationship with the alumni to see some of his properties and learn.

. - PRO TIP: many builders lose their license then create new company in name of wife or other relative/friend.2) Check Better Business Bureau, but don't assume all the complaints are legit. - If there area MANY, then that is a problem.

The same applies to buying businesses whether it’s online businesses, plumbing companies, or professional services like a CPA rollup.

Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.

So then I shadowed a mortgage company, and fell in love with it! 

Originally posted by @Nate Astrup:Leaving a quick review of All County NEO in Cleveland and Columbus to hopefully save other BP members from the headaches involved with having this company manage your property.

I actually hired this tax company in the Fall of 2021 to do my 2021 return and continued using him for this year (2022 return).

But by putting the properties into the business name you can avoid having the debt reported to personal credit so long as the funding lenders servicing company allows for it.

He has cultivated relationships with hedge funds to purchase notes, with property preservation companies to assist in the care of the collateral and servicing companies to service the notes and facilitate the work outs.