I don't see how "Mistakes" in underwriting can be made by anyone who has the the appropriate knowledge of underwriting and has a checklist.You asked for the top beginner mistakes, maybe the question should be what mistakes have you made as a beginner.No one person is going to know what you ask, all they can do is guess at it.You would have to talk to someone who trains underwriters in a one on one method to know that info.And as I said before, I don't see how anyone with a checklist cold make a mistake.Underwriters should not be making mistakes.Underwriting is financial modeling.I think the data you will get from your questions will simply be guesses.It might be easier to pick another topic for our article or whatever you're going to use this for.Such as what did you find hardest when learning underwriting.That way your data source will be able to provide accurate answers.Just my 2 cents

The index is a much better standardization as it applies nationally and is adjusted appropriately based on the market.  

An SEC attorney can explain and advise you about the 506b or 506c structure of your investment offering or whether a JV structure is appropriate. 

They might not ask (or know to ask), but eventually it will burn bridges and that's always a shame when honesty and appropriate disclosure could have saved from the fire.

I would also have something in writing that requires your tenant to carry the appropriate insurance.Personally, I wouldn't allow arbitrage because you lose control of the property and accept a lot more risk.

ya I disagree with the need for SEC in this instance this is all family members a family trust or LLC would be in my mind appropriate but do have a local business attorney put it together for you.also you need robust provisions for exiting and selling the assets.. 

Older homes that are well-maintained but have poor flow, floor settling, or don't meet today's families expectations (small closets, narrow halls, low ceilings) should be appropriately comped.

Could i get a sense of what different funds are appropriate?

How much is appropriate?

Also a lot of the people that work there are mom and pop shops that are very hard for long-distance owners to find and appropriately manage.