@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.

Stick to areas you know well; this familiarity can greatly reduce risk and boost your confidence when making purchasing decisions. 2.

I personally benefited from this when I first started and now provide my signature to partnerships I am not as actively involved with.

Are there going to be banks involved, creative seller financing or all cash? 

That said, if you feel you want to go above and beyond, then could could try contacting some of these apartment complexes directly and confirm her story with them but if you can easily find another qualified applicant why would you take on this work and additional risk.

Whether to go with a BRRRR deal or multiple down payments depends on your risk tolerance and long-term strategy.

HOA management for a bunch of peripherally involved out-of-town investors is probably a great opportunity pass along overpriced contracts to your local buddies. 

I tend to operate under conditions I’m familiar with, also taking calculated risks of what I don’t know yet.

Investing comes with some risk.

If the insured driver was sued for more than their car insurance covered, the accident must have involved negligence.