Issue is, in these "bad" deals the government comes after the lease option seller for predatory lending practices and the eviction / foreclosure process is a nightmare.

In my practice, I am committed to delivering exceptional service and leveraging my decades of experience to benefit my clients.Additionally, seek out testimonials or referrals from other real estate clients to gauge the CPA's expertise and reliability.

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

To get started, connect with a knowledgeable real estate agent and lender, practice analyzing deals, and network through local investor meetups.

Pressure to use affiliated servicesHidden fee structuresPROFESSIONAL BOUNDARIES ⚖️Good QIs maintain:Clear fee disclosuresWritten policiesProfessional distanceEthical guidelinesWATCH OUT FOR 👀QIs who:Push investment productsOffer tax or legal advice without credentialsSuggest "creative" solutionsPromise guaranteed returns on exchange fundsBEST PRACTICES FOR VETTING 📋Check multiple referencesVerify professional membershipsResearch online presenceReview complaint historyExamine years in businessINDEPENDENCE MATTERS!

Focus on one strategy, practice analyzing deals, and take consistent small steps like attending events and building relationships.

definitely need to have lawyer look at it.Risks/additional hurdles- On the practical side, the absence of deeded rights makes tenancy in common ownership considerably more risky than condominium ownership, even where the TIC owners have separate financing.

Drawing from my experience delivering over 550 investment properties, I can say with certainty that self-management isn't practical for most investors.

BTW, this is one of the most practical posts I've seen to date on BP.

A Property Manager can also assist with understanding local regulations and the practical aspects of property management, ensuring you make a well-informed decision.Feel free to share more about your specific needs.