@Meghan McCallum - Wow, I am really impressed with your ability to translate what you absorbed in less than a month via education through BP's podcasts, blogs and networking.Yes, you have taken action and it paid off tremendously.

Under the current law, tenants who miss rent payments must pay the amount due or vacate the property within three days of being served a notice.SB 5600 requires uniform eviction notices written in plain language available to landlords for use that includes information on civil legal aid resources available to tenants and where to find translated copies of the notices.

Any one in the military could easily relate.Having professional construction management knowledge and experience easily translates to taking on flips or owning rental properties.

Beside the obvious cases (sex offenders, evictions), how you guys go about translating the details provided in the background report to make a decision in selecting tenants?

I think I have accumulated a fairly decent grasp on the basic concepts, but the more I learn, the more questions I have and the more holes I see in my knowledge set, which admittedly translates to a healthy dose of skepticism.

HAVE. and it translates very well into the REI world - you first have to BE and think like a successful investor, then DO what a successful investor does (every day, not just a few times) and then you will inevedebly HAVE the same results. 

I recently translated my marketing materials to Spanish as well.The house was built in 2015 and is in a new construction subdivision.

Being able to translate the recorded details into a direct contact with the note owner takes a bit of talent.

I think it is simpler to think in terms of gross annual revenue instead of number of spaces this is easy to translate into number of spaces for a specific market.

That's why it's important to establish your goals first (i.e. these goals are then translated into the above metrics, for example - 12% CoC, 18%IRR, 1.5% Rent-to-Value, $350/door).Whether or not the property is "depreciated" does not affect you.