RE investing is about dealing with people and we all have a strengths and weaknesses when dealing with others.

It’s one of my weaknesses and strengths…

But that produces weak results when compared to the equity you’ll build simply by watching the house appreciate in value.

I used to be a little more lenient when I first started in this industry, but they will(99%) absolutely eat you up at any sign of weakness.

It does take some work and relationships to get past the weak deals.

Weakness in any of these categories?

If your contract just states the earnest money being returned is the only remedy and considered liquidated damages in full then you have a weak chance of recovering anything else.No legal advice.

While it may involve opening yourself up on occasion (to those who seem trustworthy but turn out not to be), at least you won't go around questioning everyone and everything all the time.I'd rather leave myself a tiny bit vulnerable in exchange for not being completely cynical all the time...Oh, and I'm a big fan of throwing out the common cliche of, "Don't confuse my kindness for weakness..."

A couple of weak points in my knowlege are coprate structures/ asset protection and taxes.

Advice on multi-person set-ups and their strengths/weaknesses?