While most of the properties I’m currently looking at tend to be superficial, this business does run the risk of encountering issues that are unforeseen. 

If you have no experience fix & flipping you will likely encounter unexpected and inflated costs especially with the current market. 

In my case, I encountered an unexpected issue where the property was situated on a lakebed lease, a common occurrence in the area.

Nonetheless, the contingency budget is essential, as real estate projects often encounter unexpected costs.

Some users applaud its benefits, while others encounter challenges.

As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly.

You get better terms on a primary residence -- lower interest rate, lower down payment requirements -- because if you encounter financial strain, you're most likely to pay the mortgage on the roof over your head.

Good morning I recently purchased my first investment property and currently looking for a tenant I talked with a couple of investers who told me that they were scammed by people who passed background and credit checks using fake identities I am wondering if anyone has encountered this and is there anything in place to protect against this action that seems to be on the rise

@Ray Dipasupil They are called Home encounter. 

Here is one of multiple failure learning events that I had encountered.