Hi.I first got into real estate by being sold a blue ribbon deal on a Go-Zone property in Alabama in 2008.  It's been a solid money loser ever since and I wish I had BP back then.  I took a business trip to Phoenix in...

The occasional bad experience is unavoidable and just part of the process.  

Other than you may need to occasionally pay to have snow removed from the sidewalk there shouldn't be anything extra in the way of costs.

Disclaimer: I have no relationship with IKEA other than an occasional customer.

@George Nikolakakos Will do, I have taken to doing a newsletter to keep the group more connected, particularly for those that are only occasional attenders, join the meetup group.  

I do occasionally have tenants that don't care for banks, so they deliver money orders to my address. 

@Cody Evans  issue is your acting as a real estate agent without a license when you do that,  that is clear. but once your licensed you walk in and say I have a client that will pay this for it.. and my fee is this for putting it together for you.. that's how the industry works.. this wholesaling thing is just that a thing to sell how to info.. its one thing to assigne the occasional contract.. but to assign all of them then your smart think it through are you really selling real estate in a non licensed capacity.your buyers don't care .. they just want the deals.. they could careless were they come from.. your just a means to their end.. unless they are paying you up front for your cost and your marketing.. then that is what I call a true mentor or business partner..

If you signed on the loan as a personal guarantor, you blurred the line of personal and business.

With a 48 unit building, even if its a set of smaller buildings, you can expect an occasional $10K bill.

He spent it working for himself with occasional laborers to help.