These relationships became the foundation of my journey, providing me with insights that couldn’t be found in books or online courses.Building Relationships with Intentionality: Beyond TransactionsOne of the biggest lessons I learned early on is that relationships in real estate are about more than just business transactions.

The biggest problem is selling.Here is a good example.

Their biggest challenge was finding a reliable cleaning crew, but once they built a team, everything ran smoothly.Let me share another example.

Downside is you likely need to be asset class and location agnostic.

My biggest two cents is no one should flip unless they are the best at estimating ARV in their room--better than the appraiser, agent, lender--when that happens, your deals will fall into line. 

When you have the funds available and you find a deal that works, that is the right time.With the new investors that I work with the biggest step is saying yes when you are ready.  

One of the biggest risks I observe with flips and first time investors are instances where the project goes over budget or gets stuck in mud, can't sell and even worse the borrower doesn't have the credit profile to refinance out to a lower interest lending source if borrower is required to hold the property as a rental. 

What are your biggest concerns about the project?

Yes the biggest issue was they grew way too fast and he set up an entire servicing company to handle all of their deals.

On a related note, I would say that the biggest issue that small investors face is underbidding.