Then there's equity stripping, and having appropriate insurance (assuming you avoid negligent conduct).

This is avoided when it is in your individual name

I see too many new investors fall for the trap of bait and switch and it can be completely avoided with more homework.

So, the value of in-person showings continues to decline with an increasing percentage of prospects actually preferring to avoid the perceived sales pressure. - Biggest efficiency savings is from last minute reschedules, prospects running late & no-shows.- Security is the big challenge to avoid theft, vandalism, squatters and scams.- Security options include ID verification, geo-fencing of prospect cell phones and video call verification.

Mark,Feel free to reach out to me this week or weekend I can navigate you on how to get it started and what to avoid. 

Have you shifted toward DSCR, creative financing, or private money to avoid the risk?

But I also thought to save up for 20% on a downpayment to avoid paying premiums.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I would love to hear about your experiences throughout the process and what mistakes to avoid.  

Just getting into a property That we are going to fix wondering if we hold it as a short term rental or if we do it as a flip if we do it as a fix and flip, how do I avoid paying capital gains?