You are what you eat, right. 

Are you trying to grow aggressively, generate cashflow or have a nest egg for your heirs? 

Somali livestock eat what they can either the left overs of their owners or of the streets.

If more investors spend a fraction of the time and energy spent worrying about asset protection and do the things on a daily basis that prevents liability exposure, plaintiffs attorneys won’t eat as well. 

Here are a few common mistakes startups make when purchasing an investment property:They calculate expected annual gross income based on 100% occupancy rates.Poor property management results in tenant turnover.High vacancy rates cause lost rent.The local rental sector is experiencing a downturn.High maintenance or repair costs eat into profits.Getting rental rate wrong—either not charging enough or charging too much.Before selling your rental property, it’s crucial to determine the reasons for lost rental income.

The court awarded $200.00 less because the tenant had to eat out due to the lack of a range.

That being said, the process of raising investor capital is very much a chicken and egg game.  

Visit some properties, eat at some resturants, make some connections(realtors, insurance agents, etc).Once you visit the area, you can make a better informed decision if thats an area that you want to buy in.Once you did this, and you are new to buying properties, I would maybe visit the property when it is being inspected.Once you have a couple of properties under your belt, you can rely on the home inspection report.Best of luck

Even thought it needs extensive repair due to damage from the tenant and since I live in the front unit, I don't think I can deal with a renter living free, getting uber eats delivery and working without paying rent.

Payment is manageable but definitely eating into the amount we can save and invest.