If you come to make a quick buck, you'll get burned fast.

That's the easiest way to get burned.

Some have made a lot of money and some have crashed and burned.

The exam is the motor burn out.

Quote from @Allison Burns: I am a new agent with no investment portfolio but am very excited to learn what's needed in order to grow my investment community to build generational wealth and a financial freedom my family will be able to use for a lifetime.

NEVER give it directly to an individual or you may get burned.

My goal is to not burn up all my cash with a down huge payment, but find other investors to partner with and share cash flow or equity, and keep some of my own cash liquid reserved for repairs/emergencies.

Ensure that she has renters insurance in the event that she floods or burns her place down - depending on how attached she is to her belongings she may seek reimbursement from someone (probably you).

Even though it is possible to turn some of these properties around, once you been burned I think it makes more sense to dump the property off, get what you can out of it.. rather than rolling the dice again and see what happens...  

We do it for our own properties, and the burn out for a new PM without PM experience is huge.Prob. stay from online property management platforms.