Would love to connect.I'm currently eyeing at least a 3/2 with a pool/hot tub and area for a game room outside of an HOA.Thank you!

they perform a service and are compensated.not trying to be critical, just trying to protect you as you get started.

Leverage the Power of LLCsEstablishing a Limited Liability Company (LLC) for your real estate investments can offer both legal protection and tax benefits.

By recognizing the signs and implementing effective preventative measures, landlords and property managers can protect themselves from potential scams.

It’s clear you had a sharp eye for opportunity with this duplex, especially given the prime location and potential for adding value through additional bedrooms.

I tried a big out of state flip due to living in a HCOL area and it failed miserably because I couldn't keep eyes on it and didn't have a good/honest team in place.

How do I protect myself in this situation, while also helping a relative? 

They will be more focused on finding a buyer for a deal vs what date the DD ends and EMD is owed to the seller and most likely not be cancelling the contract or extending the DD to protect the lenders EMD funds. 

On the other hand, pros include increased cash flow, engineer-based data for the clients CPA, audit protection (with the right firm) and the ability to deflect that recapture fee with a 1031 transaction.

Short term tenants are not protected by the the eviction ban.