Said another way, all one has to do to become a real estate agent is convert oxygen to carbon dioxide, but then the process of getting clients and doing deals and whatnot can be long and arduous and there's so much competition in certain areas it begs the question, maybe they should make the real estate exam a little bit more difficult?

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

My best bet is that a local Civil Engineering company with experience in the area will be capable of telling you what you can do and what not.  

Thankfully you posted this story Chris so now I know what NOT to do!

They charge a much smaller percentage and have a 24/7 line set up for emergencies, guest issues, and whatnot.

But after learning what NOT to do in real estate, I acquired over 1,000 apartment units and have never lost money for my investors ever since I started raising private capital.

And it may not have been her she could’ve had a guest over or whatnot but still, I’m going to address it in a calm manner.

Failing (for lack of a better term) is a great way to learn what "not to do."

Manage it yourself for a year, learn the business "HANDS ON", learn what to do and what NOT to do.

hah I just analyze a lot of deals, and have made so many mistakes when analyzing that I've learned what not to do :) it's really just like anything- practice makes you better!