So, I am truly coming into this blind... but excited and optimistic and ready for a new challenge/adventure!

Weekdays are particularly challenging.

Any syndicate that over-leveraged and/or has a near-term maturity will be very challenged to survive. 

.: Hi there,I have an investment property in Atlanta and over the past year, the property had major challenges due to squatters.

Financing and Complexity: An LLC can make financing more challenging and expensive since banks often offer better terms on personal loans for real estate than LLC-held properties.

Hi Soley, We are having lots of challenges with REsimpli at the moment.

many houses in the midwest, for example, are very old and need major rehabs.i personally think out of state investing is more difficult than advertised, and much more difficult in the current investing environment, with: prices high; interest rates high; tremendous demand for inventory, by both investors and retail buyers; and good PMs, contractors, etc. booked up.here's a really thoughtful thread with the experience of another CA investor and lots of different responses:https://www.biggerpockets.com/forums/12/topics/1215726-break...and here are some threads about how it can very easily go wrong:https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...finally, you also said you "don't have a lot of money to start with." 

Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.

Even in those cases it is hard to create gap between purchase price, rehab and ARV.Investing in todays market is overall very challenging and I am finding that the BRRRR startegy is one of the worst strategies in todays market.Lets keep in mind that BRRRR became highly popular before 2020.

Despite surprises and challenges, I transformed it into a move-in-ready home and sold it for $145,000.