MFDUs in high-demand areas like Asheville might be limited, but it’s worth keeping an eye out for smaller duplexes or triplexes that align with your budget.If neither works, continuing to rent while buying a pure investment property in a more affordable nearby market could make sense.

It could provide the belief that an unpermitted unit built next month will get protected.  

That kind of shoot-from-the-hip approach can be fun for a minute, but it usually ends up like my old buddy Rick’s first deal.. he bought a distressed fourplex in Tucson years back without a real plan, and while he eventually turned it into a solid monthly cash flow, he spent the first six months sleeping with one eye on the tenant ledger, praying the HVAC wouldn’t bail on him after a hot desert day.

There's no way to guarantee things won't break, there are only ways to protect yourself financially so you can replace those items.

This ensures that when the borrower exits, the title company is aware of the JV agreement, further protecting the investor’s interests.I’m just blown away at how hard it is to find people to do this since it quite honestly is a solid deal with the ins-and-outs planned out already. 

Quote from @Jaycee Greene: @Shaylynn O'Leary well, that's at least someone with "eyes and ears" in the actual market. 

They are my favorite, because they are cheap and snap together higher, which better protects from splashing water.

Managing real estate, and doing it well, is an entirely different story.I would keep your eyes open for a book that teaches you how to manage well.

You should always protect your position, make sure everything is in writing, and don’t hesitate to explore the full value of your deals by marketing to other buyers.

Are your investments registered with either the SEC or with the California Department of Financial Protection & Innovation?