Performing comprehensive financial evaluations and due diligence on every property is necessary to precisely ascertain its potential for cash flow.

It can protect you when your workers are loading up a work vehicle in a home depot lot, when they pick up the phone while in the office and slander someone etc. 

Chucaralao  the only pre-screening I ask is number of people, number and type of animals, number of vehicles, and do you smoke? 

Hi BiggerPockets community,I just started my research into real estate syndication as an investment vehicle for passive investors.

So I sign my lease, then I was informed that we have no mail services at our place, the landlord will not put in mailbox but we can always get a P.O.Box. we'll first I have no vehicle to even go get my mail, it's not in walking distance and there are no local busses on our area.

What cash-flow, if any, you plan to generate from this property.If you are short on cash and/or your rental projections will be tight, then the 7/1 ARM might make more sense.If you are good on cash and/or your rental projects show that you will be generating sufficient cash flow, then the 30-year fixed might be a better option.I have used both mortgage vehicles for my properties, dependent on my situation at the time.  

Appraisals are "opinions" of value, it is not a precise science and as such, being the humans they are, appraisers vary in opinions.

Here are some insights and advice to help you navigate your real estate journey.Fix-and-flip Points to Remember:Make sure you comprehend every aspect of the renovation process, including precisely predicting expenditures and adhering to deadlines.For the refurbishment process to go more smoothly, establish connections with reputable suppliers and contractors.Always keep an emergency money on hand in case something unforeseen comes up when renovating.Financing: Look into financing choices for prospective rental properties as well as fix-and-flip projects.

PA & OH allow 4-5 homes a year to be sold w/o a license; PA requires a vehicle dealers license for new homes, but a traditional RE license is ok for used homes.

To precisely compute deductions and guarantee conformity with IRS regulations, it is essential to maintain thorough records of rental income and expenditures.