It was a nightmare of tenants not getting access to running water.

It will run 14-18% in general. 

They can provide a better perspective on how things worked for them, what worked and what didn't and what kinda returns they're seeing.As far as any specific questions about the market or any  "deals" you want to me run by, feel free to connect and I'd be happy to share any info I have.

LLCs are not going to give you perfect liability protectionRegarding point one, I look at it as just one of the costs of running a business.

@Trevor Deeter - learn to walk before you run, learn to float in the water before you jump into the ocean.. 

Will it affect anyone's ability to run their real estate investments?

The more properties you flip will continually increase your chances of running into a property with a title problem.

I am a fellow real estate investor, but also run a visualization studio and we produce high quality renderings for all project types. 

You incur the cost of running the background check (be it hard funds to pay for a service, or your time spent calling around to employers and previous land lords). 

Now I figure there may be a humidity issue in the basement, but does that warrant the dehumidifier running 24/7?