Economic Update(Monday, June 21, 2021)Fire has always been part of Southern California’s ecosystem, but today’s wildfires are more intense, more frequent, and more dangerous than ever.

If you keep great books (via Stessa, for example), you can cut down on CPA costs while still holding multiple LLCs (ie, 1 per property).That said, annual LLC creation and upkeep fess vary by state, so if in your state, these cut too much into your margins, then you may more want to consider fewer LLCs with multiple properties in each.

The danger is something could come up later in the process.

Large complexes run on a tight budget (or try to--depending on the management).if the danger is super obvious the management company might advise the owner to have the problem solved, but you might want to come in earlier in the game with your tree observations.If you point these tree issues out to potential buyers during the buyers inspection process (when buyers typically develop budgets) you might have more luck.But from an owners perspective--there is always insurance (IF) tree damage occurs above a certain dollar figure worth turning it in for insurance.

I wouldn't say that "now isn't the time to buy", just that there are fewer good deals out there then there are at other times.

Thinking you can project the future is very dangerous. 

That is probably more dangerous than the 1.9% fee.

I just really want to know the dangers of signing contracts ( Purchase and sale agreement) what do I have to be careful so that I am protected?

Maybe you could help me narrow down to a fewer strategies to consider:Available cash to invest is around $30,000.Since I'm single and retired, I'm willing to live anywhere in the U.S. yet with limited income.I would avoid any leveraged strategies where you borrow money for investments.List of strategies I've seen:House flippingWholesalingHouse HackingBRRRRBuy-HoldAll-Cash PlanTrade-Up PlanNote InvestingTax Deed/Lien InvestingSyndicationsREITsPeer to Peer Investingetc...I might've missed some more!

Originally posted by @Kumar Gaurav:@Mike DymskiGreat point but lower NOI is up to the volition of property owner, the potential is definitely there, its just my choice I am not tapping into that potential.It's up to the appraiser...and the buyer's lender...and the buyer to put a value on your property and it's worth much less with fewer units (and less revenue).Based on your replies, it appears that you are looking for confirmation of your decision rather than feedback.