Look at the contract for the purchase, representations and warranties and can the seller back up those aspects?

It is a good community to network and learn about all aspects of real-estate investing.

Not that I am in that space (yet) but am reading the Millionaire Mind and just finished the Millionaire Next Door, both by Dr Tom Stanley (RIP)An interesting aspect of the millionaires he queried (avg net worth of $4.2M in 2000) was that they were risk takers, but not gamblers.  

I've heard some people say you only need a little skin in the game if you're managing everything (again not as a PM) and you can split some aspects 50/50.

I am looking to purchase my first property and I was wondering if other than the liability aspect, if it is necessary to register as an LLC? 

It is a good community to network and learn about all aspects of real-estate investing.

It is a good community to network and learn about all aspects of real-estate investing.

It is important to develop a working relationship as you will be trusting your VA to handle many aspects of your business. 

It is a good community to network and learn about all aspects of real-estate investing.

All aspects of Commercial Leasing, Acquisition and Disposition.