I think your on a growth strategy so at some point you will have to cross the line and create a business if you don't have one already.  

We are looking for more flips and to build a portfolio of buy and hold properties that will create cash flow.  

Look forward to meeting great people and creating long lasting relationships. 

Look forward to meeting great people and creating long lasting relationships. 

I'd strongly suggest learning the laws regarding paying these individuals and how to structure the payment/agreement so you can protect yourself.  

It can create the perception that you have excess money.I treat my tenants with respect, but I would never even consider mailing a birthday card.

As an agent, I see a need for 2+ bed rental homes and an opportunity to rehab some of the older homes here to create quality options for first time home buyers.

So can go into a neighborhood's GIS system and look up what the individual parcels are assessed at and omit the building (also referred to as improvements), typically the real value of nearby parcels is somewhere between 50% and 75% of what the county claims; example: if the Fredericksburg GIS system claims that a certain house's land is assessed at 50K then your investor should NOT buy it at more than 37,500 at the VERY most.One MAJOR point to take into consideration is: an investor that you will help buying a parcel of land is an investor that will have less money to make future purchases.Good luck, and fee free to shoot me any questions as I'm very familiar with the Fredericksburg area and won't hesitate landing a helping hand to fellow BP.

I read through the Ultimate Beginner's Guide and the multi-family property investing seemed like the kind of investing I would be interested in (duplexes and triplexes) and potentially house flipping.I have some background in real estate investing - primarily doing accounting work for individuals and commercial real estate developers. 

What other pitfalls are created, if Marcus agrees that this is investment property?