Well for the post here I gave you all the short story of how it's done.Full version is that people opt-in to receive free information every two weeks on how to keep their lawn healthy.

The spouse does not have to be involved with the business (mine isn't) but must be ok with the general idea- if you want to have a healthy marriage.

It becomes even more important when you add leverage to maintain a healthy reserves account for vacancy and repairs.

As long as the numbers work with the financing and you're still walking away with a healthy profit, why not leverage hard money?  

Now, some liabilities are minor (not mowing the lawn if you provide the service) while others are substantial (such as having bedroom without a second method of egress).As Joe indicated, the list is diverse and long, but it boils down to you are obligated to provide a safe abode (clean, healthy, and in good repair) to your tenants and to conduct your business affairs {hopefully} ethically and within the spirit and letter of the law.  

I have been interested in real estate for awhile and always seem to have a bug to get into business, real estate, entrepreneur mindset.I'm looking to get involved in Real Estate after the first of the year, after I have established a healthy money management system for my fiancé and I.

Making sure homes are energy efficient, verifying a good pressure thermal boundary, proper air flow for a healthy home as well as CAZ saftey testing. 4.

The area seems to offer (almost) everything we are looking for to raise a family, be active, eat healthy and still have somewhat affordable real estate.

I’d squeak by and repaIr until you got a healthy reserve to cover it plus any other unforeseen expenses .

It looks like I might be facing eviction of 2 tenants right off the bat, which would drop occupancy down to 33%, at which point it would flow cash-negative.The units are completely renovated with all new appliances and HVAC equipment, and fully occupied the property has a healthy CAP rate, so this would be a great deal with some redirection.