@Ryan Den Otter your best defense against liability is properly screening and managing your property while maintaining proper insurance.

A few of of have begun to private message each other and are trying to get a conference call so we can help each other out.

They'll have an office where you can use a conference room and copiers/printers/etc.

In your defense, I promise to do the same if and when I get done with my rehab here in Walla Walla, Washington. 

Again, because of the concepts taught on the BP Forums and Podcast, I have been able to creatively structure a deal that will be 100% financed, using a regional development fund to be junior lein and cover down payment, allowing me to use personal funds for business expenses and play defense against CapEx and Maintenance issues that may pop up.

In his defense, this is my first analysis, so please let me know if I miss anything.Here's the deal as he wants to do the analysis, any input is appreciated:Listed Price: $360,000Square footage: ~2500Bed/bath per unit: 3/2 for bothCurrent rent: $1375 and $1300Monthly taxes and insurance: $525Estimated monthly mortgage payments on $288,000 30 year loan (80% LTV): $1500Estimated monthly maintenance costs: 5% of gross rents ($134)Capex: 0Vacancy rate: 0%Garbage/heat/lawn care: 0 (not sure if tenants pay these.

Your only real defense in any business from getting scammed is an education and experience.

I think I would have a similar experience if I got myself to a conference and this seems to be a recurring suggestion.I would be very interested to know more about the early failures if you are willing to share.

Hi Alfred,I recently attended a Realtor conference in Galveston where i picked up a pretty handy pricing sheet from one of the home warranty companies present.  

This past week, I attended the National Building Material Distributors Association annual conference in Colorado Springs.