For instance, I have a partner and him and I have been buying STR's and hospitality properties.

For instance, if the financials of the LLC are improperly managed, it can remove the limits of liability, and make you personally liable...so, it's worth reading up on this topic, and discussing it with an experienced CPA and attorney to understand how to run the LLC in a way that actually helps limit your liability.Good luck out there!

For instance, a "mentor" with a net worth of $50k, who has done one BRRR and one LTR has relatively little to offer you that you can't learn from reading books, listening to podcasts, etc.

@Lin Ding Are you getting contract extensions or what?

We were originally worried about move outs at the 6 month mark but we have not seen this to be the case. 90% of tenants sign 12 month lease extension at that point and if they do move out we have a lease available for a summer or early fall signing.

For instance, I had a 2 br 1 ba place that I could only rent to couples or fairly well-off single people.

For instance, many pros are very skeptical that pex will have the service life of copper plumbing.

For instance, I thought about building the water bill into the rent payment, but I don't want tenants taking advantage, nor do I have any idea what the average bill might be at this point. 

@Kai SoremekunThe only way now to stop foreclosure would be to reinstate the loan or she files bankruptcyYou would not be able to buy it between now and then unless you paid off the loan but without title that’s a huge risk.In this instance I recommend doing nothing, you are not an attorney or financial advisor and have no relation to this women and if you gave advice or tried to help and then ended up buying the home it could come back to haunt you.

For instance- we don't cover the Kensington area or the far northeast2) When evaluating your multi-family ask to see copies of the past or existing rental license and make sure the number of units on the license matches up to the number of units you're buying.