I have read many different options but all seem to have their pitfalls.

Just want to be prepared for any pitfalls or unforseen gray areas.

Any major pitfalls or danger I should be aware of?

RE attorney in that stateRE agentTitle/Escrow companyProperty management + at least 1 back-upLenderHome InspectorCPAContractorHandymanInsurance agentAnother investor in the area (possibly), or mentorThis list includes most but possibly not all.The key is having the knowledge and experience to know what questions to ask during your interviews with these potential team members, the ability to properly negotiate contracts, and knowing how to handle or avoid some pitfalls (too many possible to list here)

What are some of the pitfalls I should look for before diving in?

Also, what are the pitfalls to avoid when buying a short sale through the banks or a motivated seller?

Any tips, laws, pitfalls that you have come across?

Are their pitfalls to the HUD process you guys could help steer me clear of?

The article was originally intended to draw attention to some pitfalls not provide solutions in all circumstances.Any way, any feedback on any article is welcome.

There are pitfalls, tenants do not always cooperate, contractors and managers do not always do their job, and it is never pleasant to argue over who broke a window and who is going to pay for it.