My biggest challenge right now is finding a property management company that offers rent-by-the-room leasing services.

Penalties of these Federal charges may include:30 years in prisonUp to $1 million in finesThey have a "statute of limitations" - (with a third "T"  ;-) of 10 years from the date of the transaction - 10 years from now, you could get a very nasty call and hopefully, you put your reserve money in a good account that grew to cover legal expenses**********************************************And the universe could blow up as Doc says in Back to the Future " But, granted, that's the worse case scenario." 

It's tough in this market but not dead, off market deals are very tough to get right now and you have to jump on them when you see a good one.

The fact that you already recognize it’s a journey and that there will be a learning curve shows you’re on the right track.

Yes, it is stated in several websites and the guidebook (I can't find the link right now).

Now here is something that I hope changes.

I was 3 months into the rehab when I found out that I needed a whole other category of insurance (builders risk) instead of the homeowners insurance I got on the purchase and that for all intents and purposes, I wasn't covered if something happened.Its a little thing amongst the many things that occurred on that first flip, but I always look back and say "who knew" and know that I know now.

Congrats on the journey and reaching financial and time-freedom!

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Now, I'm stepping into the investor role myself and looking to learn, grow, and connect with like-minded individuals.I'm eager to share insights from my lending experience while also gaining knowledge from seasoned investors.