for example - here's what not to do:https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/963/topics/1195280-expe...

I always thought he was a scam, but several other investors I know and trust like him, so I ended up buying some of his lower level stuff, books, recordings and whatnot.

This is a PM I put in place on my very first rental, so I've learned a lot of 'what not to do's' since.  

and if you have an accepted offer you'd want to go back for inspection and closing and what not - again, this is all on you, and no one is going to manage your closing or your project for you, not a realtor, not a PM, not a GC. 

Giving your Buyer client the best advice about what kind of property to go for and what not to go for, only to find out they purchased a complete dump with another agent3.

As for a generational lineage plan, it's best to assume at a future date you will liquidate EVERYTHING, roll it into a fund of some type be it in syndications, W.S. or what-not, and than the heirs will "manage the managers" as this is the most realistic long-term multi-gen inheritance structure.     

For example this place claims to be able to rent for $6,000, and with 25% down that would be a $4200 payment, so $1800 cash flow (not yet factoring any sort of maintenance and whatnot of course, so just the mortgage/rent diff):https://www.redfin.com/SC/Columbia/1921-Pickens-St-29201/hom...Or to a lesser extent this place at $400 cash flow:https://www.redfin.com/SC/Columbia/1035-Kinard-Ct-29201/home...

After taking possession of the home and paying off the loan ($55,000 remaining of the initial $54,000, fees and whatnot made up the difference), I see that the Central AC was never installed. 

Here they say you get them with 0 upfront costs and free after the special tax program and what not. but 95% of them Nobody can qualify for.

Structural and Foundation issues can really slow things down because the municipality will get involved with all their procedures and what not what it comes to those two areas.