It's crucial to ensure thorough screening processes to safeguard against such scenarios.

My concern are things like fair housing violations on their ads or screening process. 

You could be doing home remodeling for people with the same construction crews/same process you already have in place.

Again, knowledge is the key element in this whole process. 

@Marysue Connelly just let her a notice of lease expiring, and that you won't be renewing, make sure she is aware she has to be moved out following all your move out processes by X date.

I wish we could have taken over early enough to do the application process ourself etc.

Investors who work with large brokers benefit from their crucial role in the acquisition process and their ability to access off-market deals.

I bought my first property and I am in a huge learning curve.Thank you BiggerPocket community,Kapil

The formation process will be state specific.

I wouldn't necessarily say that this shift is here to stay, but we definitely have to make some changes to our acquisition process to accommodate creative deals and novations.This shift is due to the saturation of the major markets, resulting in newcomers in the business offering too much for properties and not delivering on those promises, realtors promising too much for listings only to have them heavily decreased or canceled six months later, and the small increase in supply that we have experienced since the beginning of the year.But yes!