Although apartments I always put into an LLC.I suppose I could add an item zero.   0) Nobody is going to bother suing you if you are broke. 

My current experience has been one where there isn't full disclosure, product and services mini commercials..... things that were never requested have now become the focal point, I'm just super busy right now....yet you offered and insisted you would be a resource, opportunity seekers abound (the conversation was centered around you being an active buyer in the market AND now the conversation is about why you'd make a great JV partner). gurus... just send me x amount of dollars and I can help you, established "good ole boys/girls" cliches. 

So perhaps the most valuable lesson I learned from them was not to listen to the opinions of the broke about money.

We have 3 young girls and I already miss a lot running a family business that can required 7 day work weeks at times.

It didn't.Honorable mention: Flipped two apartments for free, a studio and a one bedroom, for love of a girl that I broke up with right after the second renovation.

It seems so easy to take advantage of an out-of-state landlord, e.g they could:- make up maintenance charges ("guest broke a chair")- lie about utilities- lie about nightly rate and keep the difference- pretend the place is vacant and do their own bookingsHow can I protect myself as a landlord?

There was a fire that broke out and was contained only in the roof, but when the fire was extinguished the insurance company insisted that the drywall and flooring be removed due to mold issues.

Have the property broke out into Road ($80,000), electrical ($10,000), no security, building. 

It takes years to learn the tenant base of this city and discover how to actually make money here - 99% of the rookies leave battered and broke.

The Starbucks at exit (252) had not broke ground yet and they were just clearing the trees for Alexander Pointe Apartments.