What are the pitfalls we should avoid?

Last August a decent pre-foreclosure opportunity came available on the MLS and my agent took us to see the home and submitted two offers below asking that were too low for the seller at the time.Apparently the seller was able to avoid foreclosure and the home delisted after it didn’t sale.

Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.

Positives are proximity, low property taxes, no income taxes, no weather events, very low maintenance stucco/tile structures, “young” properties (5-20 years old) 

It's easier for an investor to stay committed to the plan and avoid change orders than it is a regular homeowner.

You'll also need to avoid environmentally restricted spots, including wetlands, protected habitats, and prime farmland.

I also want to learn about purchasing properties with tax liens / bankruptcies / foreclosures.1.

It reminds me of one of the TAX sale how to traveling freebie events that came to town last spring..

They were taxing as a fourplex, but the CO said it was a triplex.I found out when I went to try to refi with the bank.

Or, ya know, just spend the next 140 hours trying to get a self-study law education followed by another few hundred hours self-study to sort out how to avoid repeating the situation.That's the reality of it all.