The biggest thing is to make sure you cover for everything.

When you are dealing with the average American, Harry Homeowner, you're most often dealing with their largest asset, it's generally the biggest investment they have made.  

The biggest mistake we have made is : lowering our standards: for cash flow, for the homes that we buy, for the people we work with, the work they do... etc Create the standard and one that is uncompromising.

There are hurdles searching through the secretary of state to find members of the LLC--from there I pull up their numbers using truepeoplesearch.com and add it to the excel sheet alongside their street or mailing address and email if it's available.

@Daniel GonzalezThe biggest indicator in a buy and hold traditional rental property(being financed) hands down is Cash on Cash return.

Rent control is the biggest PITA, for sure. 

Starting with the cons, the biggest risk is losing your home if your investment somehow goes totally awry and you cannot afford the monthly payments on the HELOC.

That $3000 is not a "deposit" or "fee" for the loan.Probably the biggest misconception of DHM is that we charge an "upfront fee" If you have a property under contract you can fill out a loan application on our site and we can review it with you to see whether or not both parties feel like it is a deal worth pursuing.

All four have new kitchens, bathrooms, floors, paint, trim and lighting. https://www.flickr.com/photos/32911628@N08/39497288035https://www.flickr.com/photos/32911628@N08/39497287455The biggest extra expense was extensive frozen pipe work.

What is the biggest issue to avoid through this entire process?