A lot of those new inspection laws were put in place for construction safety, all in response to building collapsing's and high reports of property damage.Mainly dealing with development teardowns and excavations but if you see that as a con, every state or city is going to have one whether its high property taxes, friendly tenant laws, no appreciation, red tape.. etc.

Based on the few analysis Ive done so far, Ive been mostly focusing on COC ROI, initially doing long hand math using 4 square method, but now using the BP calculator, which have all generally yielded pretty poor COC ROI relative to what I hear in these american podcasts.

I’ve heard from investors about things they did wrong early on and it got me thinking:To all experienced investors, if you were starting out at square one again, what one thing would you do differently?

If so, that's a red flag.There is money to be made in rural areas.

Bonus potential to finish out small basement area and add square footage.

So, answering a hypothetical with a hypothetical, if you bought a Ferrari would you buy a Red Ferrari or a Silver Ferrari?

The best way to do it is to put it towards your closing costs or else it will put up red flags with your lender.

RED FLAG!

They only put the square footage of the first floor, and from the pictures and description you wouldn't know there was another floor to the house.I had preapproval from 4 different lenders and before I won, one of my lenders said it could be difficult to close because they won't consider the house move in ready since there isn't a stove and refrigerator.

Many states have no provision for sealing or expunging eviction records, so this red flag would stay on tenants' records for the rest of their lives, and make it even more difficult for them to obtain housing in the future.