One thing I've used to draw some boundaries for a business plan, is gathering as much as I can from "Biggest mistakes" or "Most Common Mistakes" lists posted here and elsewhere.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

@Tyler JorgensenEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

@Rostislava IvanovaIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

However all home buyers make a best determination of the right home for them by sacrificing or prioritizing at least the following factors: price, size, condition, and location.Typically budgets are fixed so you'll have to decide to buy smaller or in a less expensive location if you can't stomach the condition of the home you are considering (assuming your realtor didn't let you make a major mistake on your offer price).

@Jared SmithIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

I am not sure if I made the mistake by telling her thank you for keeping me posted on what is going on in my complex.

Make sure that you are compliant with CFPB regs else you will eliminate a large market of note buyers since their servicer will most likely refuse to service the loan if not compliant with federal regs.Bob

@Jason MakEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!