As long as all involved know the rules of the game and play accordingly. :-) 

In my opinion, I think it's important to devise a game plan that works for you and your family's goals in real estate. 

After the game, we went to her rental apartment which, while her apartment is really nice, is in a building that is clean but has a very 1960s feel to it... it's really dated for the wealthy area it's in.Once we were inside her apartment, I told her, "Here's what you are going to do.

With a LO you get a tenant with skin in the game ($9k option consideration in my case)  and a commission-free sale with no vacancy. 

But that's a long game I'm not quite committed to yet. 

Real estate is a long term game, so timing a purchase for the Spring or Summer may be less advantageous than say buying in the Winter.

Often times, we find red flags during the detailed analysis that kill the deal (most of the times, it is major repairs needed) but that is a part of the game :)

With contractors hard to find and materials costs still elevated well above where they were pre-pandemic, BRRRRing is not nearly as safe a bet as it once was, especially not with a ticking clock of a hard money lender.I've noticed on the podcast lately they have started saying things about "Just getting in" and "not trying to find the perfect deal", but just something that "gets you in the game"...

A market growing by building more housing on raw land is such a different investment game than a market growing via infill development. 

I’m a first time investor looking to get some skin in the game, I would like to have some pointers or suggestions on good locations to invest in.