Be an open book and in the event of sn audit things will go smooth.

I'm also licensed and transitioning into real estate full time next month.

I feel the same way about new investors being exposed to this, not everything goes smoothly but I'm still making huge steps in the right direction :) @Engelo Rumora Yes we are fortunate to have better financing options as Americans :) I'm not too savvy on neighborhood classes, but off the top of my head I'd say upper C to lower B.

Hope that goes smoothly cuz if it doesn't you may be looking at some serious consequences.

Oh, and we have a 4th tab where we put PHOTOS of the property so we have all the info together in one place.Perhaps creating a tool like that might help you to smooth out the procedures for opertating your REI business.Best wishes!

Are you basically just asking if there is a way to invest in real estate without having to spend a forever amount of time on it (rehabbing, fixing, etc) and with smooth fairly hands-off process?

The second deal went smooth til they talked about the profit split.

Turns out most good tenants didn't want to live in the area as it was in transition.

Since recently transitioning from remodeling to manufacturing (quite a change of pace!)

Any ways I'm getting off topic.As far as a deal with a property in an estate is concerned, does anyone have advice on questions I should be asking, to ensure I can make the transaction go smoothly?