For someone like me who is just beginning the journey, it's invaluable to understand the pitfalls and challenges especially in the beginning of the process.

But the pitfall I see most people who venture into this arena is the lack of a quality manager.

Subject To Finding Sellers Structuring Negotiating Contracts Processes Structure Paperwork Agreements Disclosures Pitfalls Recording Escrow Due On Sale                              Insurance.

There are risks and pitfalls and wolves among the sheep. 

@Jeff Byrne - You are educating yourself to know the pitfalls and the risks.

What pitfalls do you run into when wholesalers bring you deals and what do you think makes a successful wholesaler that you would trust and want to work with? 

I am always looking for folks who can advise me in this adventure - I also am aware of the pitfalls. 

We understand there are pitfalls, we understand we will make many mistakes but honestly there are a lot of benefits to investing in RE.

Could anybody give me advice on how to get certified for section 8 housing, and if there are any pitfalls I should watch for?

Podcast - you recently had a podcast about a guy who failed miserably in his first two flips, followed by a podcast where Brandon and David talked about the pit falls in real estate investing.