There are a few steps I won't mention but next they get a real state issued ID and open secured credit card accounts.People should lookup Matthew Cox and Brett Johnson on You Tube and learn before you get burned.

I’ve been wanting to star an llc and move it under that, but I would burn my cash reserves to do it.  

I know that I am a compasionate man too and have burned myself more than once not being as firm as I should.

Are they burning bridges with buyers by giving out bad deals?

Or focus more on transactional real estate like flipping/wholetailing, or an ancillary RE adjacent business (hard money lending, brokerage, mortgages, RE tech, dumpster biz, etc.).If I got bored with it or burned out, I might shift to more passive parts of REI like syndications or NNN leases. 

I have been burned by this before, I bought a property that was being used as a triplex, and the county zoning had it listed as a triplex for use, when I went to renovate the property the local city government said I had to rehab it to a duplex as that was what their zoning called for.

More COs may be required if there are other fuel burning appliances besides one furnace.

I think that this is a point that a lot of investors hit though, where they burn through their dry powder and the next time they get more, they are much more cash strategic about it. 

I am just entering Real Estate because I am burned OUT from my current work!

If guests burn through 500 gallons of water quickly, it doesn't matter because the pump fills it back up overnight.