Quote from @Edward Dandrea: Best practice is to get confirmation in writing, even by text or email.

It takes practice to have them, but not having them can lead to further issues down the road.I would arrange for a "semi-annual" walkthrough to inspect the unit.

While indemnification provisions are good in theory, there are times where it can be tough to enforce them in practicality.4. 

Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.

I personally totally agree with the point that if you learn study and practice you will succeed.

Networking is always a great practice and you never know who you might meet there and what good information they have to share.

Portfolio/Commercial/Non-QM loans...all the loans that help people with little/no taxable income qualify for a loan on an investment property....are practically non-existent. 

Anyone know of zero down home loans for practicing attorneys?

I'm glad to see people exercising caution and reserves/ backup plans.

Do the option to buy until you hit the year mark, then ask the buyer to exercise the option.Monthly lease payments (if rented to meet the year mark) cannot go toward the loan payments.