There's plenty of pitfalls to be aware of in turnkey investing so make sure your educated and know exactly what your getting into.

There are a few things anyone seeking an investment through a private placement memorandum (PPM) should be aware of. 

As you might be aware, banks will look to your (or your Dad's) debt-to-income ratio: so basically how much debt you have or will have after the mortgage relative to how much money you make.

From what ive seen Cleveland has a whole slew of nice taxes and a POS system that many people arent aware of.

I am aware there are some people like that in real estate I just wish they got more attention than the other gurus who are only in it for themselves.

I got tired of   IS wholesaling legal IE marketing a house you don't own in ANY fashion and here is the response I got.The Agency is well aware that unlicensed “wholesalers” are rampant in our jurisdiction.

@Wayne Brooks  Oregon is really starting to enforce these laws that have been on the books for ever.basically they are now aware of all the guru and training U tubes out there on how to wholesale.I had a chat with an enforcement officer this week..

That's what we're using so thanks for making me aware of this lack in functionality.

I don't consider it a war zone (cops still go there) and I can drive through without being shot at.

Just be aware that A HELOC really should be used for short term.