Where I see mistakes made in the note space are:1. companies turn into marketing and education - they lose focus on underwriting and managing their business.2.

Using a CA LLC owned by a WY LLC could preserve some benefits, like charging order protection, but doesn’t eliminate CA filing fees.

We possibly made the mistake of posting pre-renovation photos for the first couple weeks. 

From the sounds of it, I won't be making that mistake.  

Sometimes you realize you made a mistake for some reason and decide to make a change. 

It would be a huge mistake to help your friend get into this rental. 

@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Management doesn't get a percentage of cleaning fees so something seems off or else its just very different there than here in Illinois or Tennessee. btw: Is there any way to eliminate the propane?

You will make mistakes.

a lot of new investors pick the cheapest markets in the country regardless of how far away they are, and how much knowledge they have of them, and I think that's a huge mistake.