Here’s a quick checklist to cover your bases:Property Condition: Get a thorough inspection to assess major items like the roof, foundation, and HVAC—this helps you plan for any big repairs.Financials: Account for all costs, including taxes, insurance, maintenance, and property management fees if applicable.

Ensure that you issue the necessary notices and keep thorough records of everything!

Definitely check their ID (FB is full of fake profiles) and screen thoroughly.... many, many scams out there right now. 

Make sure to do thorough market research and leverage dynamic pricing tools, especially when launching during peak season.

Directly investing in real property investments, whether property, notes, tax liens, or leases requires a THOROUGH understanding of all LEGAL aspects concerning real estate law in general and the investment in particular.It’s IMPOSSIBLE for someone who hasn’t accumulated either a legal education in real estate law or 20 years active experience to have the knowledge and understanding of legal aspects sufficient to reduce legal risk to an acceptable level when investing directly in tax liens, notes or real property.  

Recognizing the potential for increased cash flow after renovations, I conducted thorough due diligence and negotiated directly with the seller.

Right now I rent on a room to room basis at my properties and because of the high turnover I was thinking of implementing a very thorough system I thought of with almost no face to face interaction until the very final signing. 

There are a lot of scammers there and I wouldnt give anyone any money at all without having vetted them thoroughly first. 

Thanks for the thorough reply, Jaron.

Conduct thorough market research to support this flexible approach.