Later, he took common asked qustions from the book tours and wrote another book.

I love hearing insight from hosts who have solved this common pain point.

This is a great website, the only thing that everyone have in common is that everyone invests in real estate.

Not necessarily hard times, but more commonly life events.

The rest, set aside contingency funds to account for things you think may have been missed, unless its a terrible deal, move on.If the owner doesn't keep Quick books or any other accounting, you won't see a P&L or cash flow statement, so you'll be working off the leases.This is pretty common.  

IMHO it is literally the easiest way for “the common person” to build immense wealth.

Yeah, that commonly happen.

A personal residence is an asset by the most common definition. 

I think so, however the common areas, including exterior, would need to be Lead Free as well.

I believe that to be the most common practice at least in my market.