Issues arise mostly at the time of purchase as we are juggling several players at the same time like HML, home inspection issues and the sellers etc.   

I am looking into buying some tax lien properties and am wanting to begin looking for a good attorney to represent me in any future RE case that might arise either through the purchase of tax lien properties or just any deal that could go south in the future.

Obviously I factor in vacancy and maintenance when I calculate cash flow, but how much do you like to have on hand per door in case troubles arise?

As we know, having the time and ability to find deals means nothing if you can't pull the trigger when opportunity arises.

Is the property in a condition that you can see more problems arising as time goes on?

Keep in mind the lender's title policy only protects the bank's interests in the property should a problem with the title arise. 

With the new Series LLC, properties can be held in one company without fear of all units being at risk arising from an issue with one unit.

If you are constantly evacuating cash from the business, and you want to put it back in when the next investment opportunity arises, you will need to properly structure and account for the distributions and reinvestment.

We learned the power of a little cosmetic love and, more importantly, buying low in a rising market.

From the federal tax angle - yes, all the Realtor expenses will be incurred for the flipping/GC business, and therefore they must be paid by the partnership, as @Nicholas Aiola stated, and ultimately deducted by the partnership.A problem might arise with you being a licensed Realtor.