Kept in its antique 1960s interior and displayed classic Disney designs for travelers looking to stay for Disneyland

A lot of times they will prominently display an appealing cap rate, and then you look at the offer memorandum and it's clear that they are advertising a "projected" cap rate based on "projected" rents.

However, you will need to make sure that your losses will escape the passive loss limitations, meaning you need to change the default behavior of Sch E.Showing material participation can be a trap.

Agreed, if the VA doesn't work for you or you have direct supervision of their daily results, very bad behavior can happen.

The common threads among prosperous real estate investors include knowledge, networking, and proactive behavior.

• Civil Integrity: Does the prospective tenant have a civil records history that would influence the type of renter they would be, including any history of previous eviction, owing money to previous landlords or poor landlord references due to payment or behavioral issues? 

Behavioral economics tells us people experience the pain of losses twice as much as gains.

Lack of experience or qualifications, poor communication skills, Inadequate screening processes, lack of transparency in fees and charges, negative reviews, high turnover, lack of proper accounting/financial management and unprofessional behavior to name a few.

Bank Statements: Reviewing bank statements can provide additional evidence of consistent income and display how much cash they have in reserve. 

Many offices require a photo ID on file in case something happens (fraud, sexual assault, murder, abusive language or behavior, etc.).