I’m just starting to save but know it’s important to learn best practices, understand the pitfalls and maybe even grow through sweat equity.Have a Happy New Year and look forward to connecting!

My goal is to start small, gain practical experience, and gradually build both capital and a track record.

Any best practices or pitfalls to watch out for in terms of disclosures or compliance when doing a self-purchase off-market?  

Being in this business for over a decade having used professional property manager in multiple states we have since adopted the best practices and now self-manage our entire portfolio.

There's also the 4-6% seller assist often relied upon by the end buyer if there even is an owner occupant market for many of these lower cost SFH's.The “cash flow” used as a second layer of validation is frequently manufactured through poor or nonexistent management practices that are not sustainable long term.

. § 240.10b-5 It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails, or of any facility of any national securities exchange,(a) To employ any device, scheme, or artifice to defraud,(b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security.

No other industry that I have seen regularly and as a matter of practice lies about what they own, owe and earn more than Reg D self-storage, multifamily and promissory loan note syndicators.

Thats normal business practice . 

• Is it standard practice to wait indefinitely for confirmation of a bankruptcy filing when no federal case appears in PACER?

These books are practical, give you actionable steps, and aren't just rooted in theory.