In my efforts to obtain a Certificate of Occupancy, I encountered a requirement for a zoning permit.

Their agent, who was one of the worst agents I've ever encountered, probably doesn't understand how any of this works, probably talked them out of it.Was originally listed for $525k and we bought it for $443k with a new roof and a fairly long list of stuff being fixed at their expense. 

I have never encountered this kind of regulatory state overthink in my 25 years here. 

Just trying to educate people on financial literacy as many only look at the "sticker price" and do not think of alternatives for comparative purposes.

There are lots of big $ pitfalls that you can encounter: second mortgage foreclosing, HOA foreclosing, other title issues, IRS liens, collapsed sewer pipes, burst water pipes from improper weatherization, to name a few.Start hereAbsolutely try to contact the borrower pre-foreclosure.  

It all depends on your situation and what state you're investing in.Everyone and their brother will tell you to create a Nevada or Delaware LLC - no matter what your situation is you (most likely) do not want to go this route.Other than that most things you'll encounter are the same. 

I've encountered many owners unhappy that a property manager signed a 10 year lease but this paragraph authorizes them.

Typically, those who opt for TurboTax tend to inundate these professionals with a barrage of nuanced questions, expecting to glean free expertise and believing they can handle their taxes independently.The reality is that 99% of these individuals attempt a DIY approach and inevitably encounter problems, eventually come back for their assistance, often years later.

Using Philadelphia as an example, in other areas, especially the more suburban neighborhoods, you could run into ERSA, steep slope, and more common to encounter interpretation issues on the part of the plans examiner.

Not owning your rentals through an LLC exposes you to more risk, even if you have an insurance policy on rentals.However, as a new investor, you may encounter some challenges and opportunities leveraging the LLC.