👉 What’s one red flag you missed before closing on a property — and how did it bite

[Micah White]

We all go into our first deal (or even our third!) thinking we’ve asked all the right questions and done all the due diligence…

But there’s always something you don’t catch until after closing. 😅

So here’s a question for the group:

👉 What’s one red flag you missed before closing on a property — and how did it bite you later?

Could be:

A weird clause in the lease

Bad plumbing hidden behind fresh drywall

Tenants who “paid on time” only because the seller covered their rent

A contractor who ghosted once the ink dried...

I’ll go first: On one of my first rentals, I didn't have a great grasp of how the electrical meters and gas lines were set up at the building and it ended up costing me over $1,000 because I connected a gas dryer to a tenant's gas line and had to repay them and buy a whole new electric dryer for the building. Now, I ALWAYS look into how the buildings are metered before closing on a deal.

Would love to hear your stories — especially for the folks just getting started. It helps more than you know.