And what pitfalls should we avoid?

Some major pitfall that I'm not understanding? 

At a minimum you'd want to work with a mentor or (preferably) attorney that is experienced in distressed property matters and well-aware of the many legal pitfalls. 

😁 Sharing the pitfalls are just as important. 

The percentage you pay for a professional company to handle things for you may be well worth it to you when you consider all the possible pitfalls, and the possibility of using that time to make more money. 

We want to use the strong USD to begin a real estate business in Brazil: I speak the language, know property law, know all the pitfalls and I already own one property.

I recently learned something and I want to confirm whether or not it is correct.  My father may end up in a nursing home in the coming months.  I just learned that virtually everything my parents own is suceptible to ...

Traditional financing is probably out because of debt-to-income ratio.Anyone know the pitfalls of getting a HELOC in New York, or have any preferred lenders?

Any pitfalls you foresee?

If you don't know common pitfalls with the construction of properties when you do an initial walkthrough you may be skeptical of certain attributes of a property.