Like all things investing (and perhaps in life) diversification is prudent and safeguards from pitfalls, so in my personal investing when the portfolio gets a little too heavy in old properties with high CapEx liabilities I look to sprinkle in some new properties with low CapEx liabilities.   

There are core facts in here that should serve as a way to save a new investor from the pitfalls of rushing to a deal.

Avoiding these common pitfalls that I see in new students will help you achieve great results.1.

Especially for an investment like real estate that generally requires a relatively high initial capital investment, I think its best to have some level of theoretical knowledge to help you navigate around potential pitfalls somewhat more effectively.

I wouldn't get into giving her jobs to do again it just delays what you know will have to happen and I it has its own pitfalls.

It's a common pitfall.  

Any savings on your primary mortgage is offset by HELOC interest.The biggest pitfall of this HELOC system is you are always running a negative cash balance.

I can see how this could be a huge pitfall and would easily sacrifice my chances of scoring a good deal.

What are the pitfalls you see with the idea? 

5) Are there anyother concerns / pitfalls I should watch out for as I enter thisprocess aside from the 1031 timing considerations?