People always go for the cheapest financing, quit claim in to an LLC and go about their lives, when they've essentially done nothing to protect their personal assets. 

Brokers protect the interests of all of the investors, but investors only want to protect their own interests, which can leave some investors out in the cold. 

Most of the sponsors do not have full real estate cycle experience but a relatively smaller number do.2) Most of these deals are protected under nondisclosure agreement.

Not only does it protect you, but it also provides the opportunity to open checking accounts for each property under its LLC, which will make tracking income and expenses much easier.

Using escrow company & title insurance will protect you from an unwanted surprise.

Quote from @Gloria N Gear: I have one in Brownsburg that is similar, but there is a house and a converted garage on the same property. 

There are less restrictions in North Las Vegas and Henderson.The city is very protective of the big casino/hotel operators, and rightfully so. 

@Francisco Pineiro To protect yourself when working with contractors:1.Start with a Clear Scope of Work (SOW): Ensure every detail of the project is outlined in writing, including materials, timelines, and deliverables.2.Use Milestone Payments: For a $40K rehab, consider this structure: 10% upfront, 30% at halfway completion, 30% at 75%, and the remaining 30% upon full completion.

This ensures that you protect existing tenants from direct competition and support their growth; this will also foster their trust in the ethics in which the property is managed. 

Also to have a lease agreement in case things go wrong you have a way to protect yourself.