I've heard of people just putting their friends or family down as rental references and such, and forging pay stubs, but always hoped I would never encounter this. 

While I am new to the real estate market in the USA, I am confident in my ability to navigate and succeed in this field.When I discuss financing options with loan brokers, I often encounter conventional loans requiring a 30% down payment.

Hello Alfredo,I'm not a CPA but I've encountered similar situations in my experience, I understand how confusing this can be.To clarify, even if you’re not a real estate professional (and not married to one), passive losses are typically pooled together across your rental properties.

My mentorship was not an online course but rather weekly accountability calls and guidance through whatever roadblock I was encountering, which most of the time was my mindset.

Heaven help you if you encounter flooding, mold or foundation issues. 

One challenge we encountered was navigating New Orleans' unique market demands, but the strategic improvements we made were tailored to those needs.

It's good to hear about these kinds of things because you can never really know what kind of situations you'll encounter. 

Inspection stickers are another BIG profit center. 

I am guessing you will encounter the same.  

Most, in fact nearly all, of the terrible situations I've encountered in this business were FSBO/DIY sales gone sideways.