Common issues include:• Non fire-rated walls between units• Missing fire blocking or separations• Exterior walls that don’t meet current fire-resistance standards• Other fire-safety items inspectors must flagWhen these upgrades come up, the most effective and least disruptive solution is often using fire-proof / intumescent fire-resistant coatings like the FFA product from FireFree Coatings.

Facebook Events/Groups are also good.I'd highly recommend going to as many as possible to include your local Real Estate Investor Association (REIA) meetings.REI is always a constant & consistent learning process!

BiggerPockets is absolutely the right place to ask questions and learn everything you need to know about real estate investing — including wholesaling.

Depending on your answers, there are several loan programs a hard money lender can offer—including DSCR loans, fix-and-flip loans, and bridge financing—that might be a better fit than conventional or IRA/401(k) funding.Feel free to DM me and we can discuss which program makes the most sense for your situation.

However, if the property is fully marketed, it's essential to physically visit the site to make informed decisions.During the property tour, I make it a point to see various units, including classic, updated, and down units.

We have requested our realtor schedule the inspections including a structural engineering inspection.

This package includes lawn maintenance, quarterly air filter replacement, and an annual HVAC tune-up.

Here it is in all it's glorious perspicuity:(3) The individual participates in the activity for more than 100 hours during the taxable year, and such individual's participation for the taxable year is not less than the participation in the activity of any other individual (including individuals who are not owners of interests in the activity) for such year;The regulation doesn't just require 100 hours of participation.It requires you to work at least as much as any other individual working on the property—including your property manager,.What does this mean in practice?

The first people that lose their money in a downturn are those that are lending at insanely high LTVs without adequate underwriting experience including determining if the borrower's qualifications based on credit/character, capacity, and collateral.  

In that regard it is not bad.In addition the 50% rule is mostly hands off including using a pm.