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 Complex transactions: Some transactions may include an assumption of the mortgage or enable the seller to finance the purchase. When complexities arise, having a lawyer on call is always a plus.

 Efficient and affordable: Attorneys often charge by the minute, so beware of long talkers.

 Supportive: Someone who second-guesses all your investment decisions can paralyze you with doubt.

 Unobtrusive: Your lawyer should protect you from unseen risk without sinking the deal. Some lawyers justify their fee by becoming too technical with the documents, which can hinder your ability to close on good deals while annoying the heck out of you.

 Available: A good lawyer is available when needed.

 Experienced: A real estate attorney who owns real estate and rentals is better than one who doesn’t.

 Generous: A lawyer who shares leads can help you find properties you couldn’t find on your own.

In a buyer’s market, whenever you make an offer on a house, make the offer contingent on the house passing inspection. Then have the home professionally inspected. This contingency ensures that you don’t get stuck holding the bag on any of the following big-ticket items: