Do it consistently, even if only one or two person shows, and brand it as the expert in that spaceThen give them more info about how the program works and help alleviate their fears or misconceptions they may have about the program, and the people who participate in it.

., etc.Other than age-specific issues like LBP and asbestos, the things I'd look for on an old house would be much the same as what I'd look for on a newer house--these things would include: signs of water diversion failures (such as rot, peeling paint, masonry damage), settling/structural issues (one of my few "deal breakers"), the type and age of plumbing, HVAC, and electrical, condition of the roof, the condition of the sewer main (scope it), the type and age of windows & doors, a meth test, a radon test, etc. etc.I have properties from the 1910s, 40s, 50s, 60s, and 2000s, and frankly--the older properties are often my favorites, and some of them are the best-performing properties in my portfolio.Just being an old house doesn't--in and of itself--make a property "good" or "bad".In some scenarios, older houses can have big advantages over newer houses.In my opinion, the idea that “new houses always cost less to maintain than old houses” is one of the biggest misconceptions among inexperienced investors! 

You have some misconceptions about bankruptcy. 

That $3000 is not a "deposit" or "fee" for the loan.Probably the biggest misconception of DHM is that we charge an "upfront fee" If you have a property under contract you can fill out a loan application on our site and we can review it with you to see whether or not both parties feel like it is a deal worth pursuing.

There is a misconception that turnkey rentals are passive income, they are still a business and you have to stay on top of the property manager.As always, don't trust the internet, seek professional advice.

Beware of those who tell you GROSS but not actual bottom line.Gigi, I cannot address all of your misconceptions about my business but I will address your comment  #2Gigi says "2.

I would check out: The Most Common Misconceptions of Investing in Real Estate

A common misconception is that it is only available for first time home buyers because of the lower down payment and lower credit requirements.

None of my clients own property within a single member LLC, so my misconception had no bearing on my clients as I've never reported rental income on a Schedule C, nor will I if the opportunity presents itself.  

A person who owns a rental is not necessarily in a commercial venture.I see many private lenders attempting to classify loans as a means to justify their lending activities, they usually have misconceptions making a decision based on common sense, common sense doesn't always apply in splitting hairs or lending.If you make a loan to an individual, regardless of their intent to use the funds, it can be a consumer type loan, and loans are also reclassified after they are made.