I, and I think many other landlords, have a strict rule regarding evictions.

Pennsylvania is pretty strict and I know that if I buy a MFU and then transfer it to a LLC, I have to pay a transfer tax of 2%.

New regulations can make it very difficult to renovate or otherwise develop a property.Sometimes you may discover that a property has or is near a sight with contaminated soil.

In some cases you may even get better results there for stuff that is more related to finance or accounting topics than strictly RE advice.

One investor I know who strictly invests in the South Bay Area recently went out of his comfort zone to acquire a 30 unit complex for 27k per unit (killer cashflow!).

The conversion of SFR to a rooming house in many areas is not only frowned upon, but is highly regulated.

-Steven the Tax GuyYour guide to IRS laws, rules and regulations.

If it is in a flood zone I would suggest proceeding with caution, if at all.The flood plain regulations changed over the summer and flood insurance is extremely expensive for non-compliant homes.

Most of what I'm building now is for cash and in the name of an LLC or I may use PM but only on homes that are currently up for sale and expected to sell quickly.I do know the regulations have changed considerably since the most recent recession/depression.

Those reasons approach infinity deriving from mortgage servicing contract restrictions, portfolio size, balance sheet health of the investor and regulations to name a few.