But if a local real estate investor tells you, it may still not be foolproof, but it will increase your chances for success. 

He essentially said it's impossible to invest part-time and his process is simple/foolproof, but I HAVE to qualify myself as an investor with a HML first.

For every fool-proof collection system, there will be some fool out there that will work a way around it. 

You keep doing this until you hired a COO, and your company is on automatic, generating leads, converting leads into deals and making money like clock works.So.. this believe it or not IS THE fool proof way of doing this.

I was worried enough to check with my lawyers and told that even my LLC is not foolproof, people can still sue me for personal negligence, as one lawyer put it, if you didn't shovel snow, it's your fault, not the LLC's, if you self manage.

His advice was simple and foolproof and it went like this.He said, "Ehab, save your money and over the next few years go buy 10 affordable houses (under $100k) and finance them with 15 year mortgages and rent them. 

More and more tenants and tenant applicants are quick to perk up and claim "I have a pitbull, it's an emotional support animal" as if they have found some fool proof loophole.

However, it's expensive and isn't fool-proof. 

I love the other points of view so I can use them to do whatever I can to make as fool proof of a system as possible, obviously it's never 100 percent, but as best as possible.I have the book on long distant real estate investing by David Green, and one thing he said to use is video. 

Short appraisals are a fool proof negotiation tactic, just shrug your shoulders and ask the seller what are they going to do lol.