The rules, however, go on to say:"[A] lawyer may represent a client if: (1) the lawyer reasonably believes that the lawyer will be able to provide competent and diligent representation to each affected client; (2) the representation is not prohibited by law; (3) the representation does not involve the assertion of a claim by one client against another client represented by the lawyer in the same litigation or other proceeding before a tribunal; and (4) each affected client gives informed consent, confirmed in writing.""

You just really have to do your due diligence on who you are working with or learning from that is what I think most people don't do. 

They have certainly gotten better over time but I've never had an issue other my own lack of due diligence on a particular property so I can't blame Roofstock on that one.You can find great deals on Roofstock depending on what you are looking for and if you act quickly ( set up a filter that emails you immediately, I have been checking my email in work meetings and found fantasic deals that get swallowed up by other investors within minutes of hitting the market , so you have to act fast..Some of the properties have decent cash flow, others are appreciation plays.

Pros: They let you learn investing basics with less risk and complicated stuffExperts take care of everything for you, just less the due diligence and basic management you still need to doAbout as hands-off as you can get owning real property.

I’m doing more due diligence on the rehab costs.Are there gotchas from a legal perspective?

Hello - We are moving into the physical due diligence of a 48 unit property in Pittsburgh PA.

Can definitely appreciate all the research and diligence you're putting in.

If you have desires to invest out of your own comfort zone, as long as you take the time to do a lot of due diligence prior, it will greatly reduce your exposure to the horror stories. 

Dennis GelbartDue Diligence Plus

Do your due diligence and read a bunch of the threads.