I get the rent I want, but there are no hidden side deals.

This is prohibitive to profitability and can also include hidden factors that can make AirBnB listing less attractive. 

Establishing rapport during property tours can lead to valuable insights and hidden opportunities.

Odds are there is much more hidden here than is being shared.A seasoned investor could probably mitigate these risks, but they would run EVERYTHING to ground. 

In California at least, that's a case of hidden profits and a major violation with the Bureau of Real Estate.

It's better to walk away from a purchase that doesn't meet your criteria than to cope with hidden problems later

Renovations often uncover hidden issues, and having extra funds can prevent financial strain.Remodeling Tips:1.

The property had 3 times the hidden damage as the quote given for the rehab to the property.    

Recommend requesting the seller’s existing ALTA Survey, building plans & floor plans, site map, seller’s prior Phase 1 & environmental reports (easy for them to ask lender for copy), full rent roll detail (including renovated/classic unit indications by unit, sqfts, building #’s, full detail), aged receivables report (will allow you to identify hidden delinquency / bad debt yet to be reflected in T12’s), general ledgers / capex ledgers back at least 3 years to ID major capital projects or damage that wasn’t disclosed initially.

Hoping someday to have the working capital to flip MF as well and when I come across a cashflow gem I'll hold it long term.