There is a critical one.

Furthermore, I consider an LLC essential—not necessarily for tax benefits, as my W2 and sole proprietorship income blend for accounting, but as a critical 'shield' to protect my personal assets from legal risks.Hope this helps

His critics denounced this practice as unethical, if not illegal.

There are still deals to be done and won, there is no affordability crisis, there is a "Lots of americans work menial jobs and do not seek to be retrained for a higher paid (more responsibility) position crisis.Real estate is a function of income to price of house ratio, among other things.

The key is working with a trustworthy real estate agent while still remembering that their ultimate goal is to make a sale, so you need your own filters and discipline.Having true boots-on-the-ground is critical in Indianapolis.

@Dillon Clark thanks for sharing, am I understanding correctly that you are currently working on taking a property from raw land to a functioning camp ground? 

If it changes how the house functions, pull permits.

Depending on your price point, you may not need to have brand new HVAC, electric, and plumbing--just functional and reliable.The best bang for your buck is to update colors and styles. 

They need to understand tenant lifecycles, turnover risk, scalability, applicant pools, school zones, access routes, and neighborhood functionality.

It hurts.I think it is critical for passive investors to realize they could lose 90% of their investment.I was not aware of this fact.