I'm also in Houston and host frequent networking events.

I'm also in Houston and host frequent networking events.

They set up LLCs and purchase insurance in hopes of being protected when something goes wrong, yet they spend little time identifying the operational risks that are most likely to trigger those liabilities in the first place.While LLCs are valuable for business structuring and privacy, and insurance is essential, both are frequently misunderstood and improperly utilized.

Many investors in syndications ask such basic questions: what's your track record, when do distributions start, and how frequently do you pay distributions.  

I am a bit obsessed so I check the credit card sites at least several times a week and frequently pay off charges as they come in from the individual account the charge was associated with.

Heard the same thing from those regulars from other forums they frequent. 

They get even more after two years in a space.In New York City, a tenant's rights, particularly the required notice period for a landlord to end a tenancy or raise the rent, are based on the cumulative amount of time the tenant has lived in the residence.So you’ll frequently need new tenants (which also carries more risk), and will need to continue to show the place and market it no matter what. 

Clothes piled up, boxes stacked up, vacuum probably nonexistent . . . not in the shape I would live in.  

As for location, I'd recommend focusing on a city/market where you either 1) currently or have previously lived, 2) have family/friends that live there, or 3) travel to for work or vacation frequently.

This is the post COVID world where supply frequently outpaces demand.