AGain another reason to push prices up.Inflation was inevitable, and the investor rush would end.Also those who have been in real estate since COVID acting like they are veterans of the space and claiming any downturn is over and 2024 will be a great year for real estate honestly just look like idiots.

Furthermore, by carrying adequate insurance you obviate the need to worry about your personal assets because your insurer will pay and defend any claims.

Go to Small Claims, (you will automatically win)...then take the Judgement and get it recorded.

Seller claims they never were served and Seller broker is not releasing based on Seller's word including saying they are seeking legal counsel (they have been seeking legal counsel since December). eXp MN state broker team has been unresponsive and very unhelpful throughout the process.

Each one attempts to distinguish themselves by making claims such as:“We are the best.”

1003 which, at minimum, shows you have the assets necessary to complete this deal and protects your lender from a claim that this is a predatory loan.Use of Loan Proceeds Statement, where you declare that the use of the money will be for a flip.

Even with some repairs, I was not able to claim a loss on the property last year.Am I messing up?

If they pay by check keep a copy in your file so you know where they bank.Utah allows small claims cases up to $11,000 so there is little reason to pay an attorney unless you're terrified of appearing in court and think you'll panic. 

Be very careful about sending money to anyone who claims to be an expert in one of these forums or who has a website that seems to talk a lot about the "easy investor life" without much discussion of the very serious risks involved in the investment. 

Last tenants claimed they "did not smoke anything at all" but when we posted their 3-day notice, the pot smell was lurking out from under the front door.