Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.

Buy an opportunity - NOT a property. 

You should take a break from buying if the deals don't match your buy box, you are out of money, or for several other reasons (partner isn't on board, over-leveraged on different properties, acting out of FOMO, etc.).

Could happen but very rare. #4 See everything you plan to buy in person. 

It's also rare you buy these properties with 20-25% and have NOTHING you need to address almost immediately in terms of repairs or capex. 

@Shannon Vistisen I would say this, unless you know everything that is tied to that entity, buy the property alone.

Our program teaches people how to buy small to large apartments, but we don't pressure people to buy large apartments.

The early portion of my career was buying turnkey rentals, like the one you described. 

I never was able to get ANY response at all from the title attorney's office.   

I am a long-term investor with a buy and hold property in Brooklyn, NY and I also own multiple lands in Florida and Mississippi.