We just saw the Rivers Casino breaking ground on a new hotel that will be accompanied by a major upcoming development called the "Esplanade" transforming Pittsburgh's North Shore. 

My suggestion would be: Keep receipts in a folder (physical or in the cloud) by month and by property.

Physical gold?

Awesome @Peter J Turner, I've never been to a physical office, let me know how that goes, I'm intrigued. 

Yes, i am looking for long term hold and rents, i dont have enough experience in rehabbing to do a flip yet, due to my physical limitations from my military days, i am striding to increase my passive income to a point i can comfortably live the rest of my life on.In regards to the %, i have no clue, i have gotten multiple comments to just go by the percentages.... with no additional details.

I invest in the NYC area where land values can easily exceed the physical house value, so run down doesn't mean too much.

I had been doing everything on my own for the past 10 years, and felt I needed to expand into a physical location to get support staff and grow my business.

My response, “I help people emotionally, mentally, financially, spiritually, socially, and physically.

So if I start with a duplex or a quad as my first property my goal would be to have a net cash flow of $500I intend to use the "BRRRR" (Buy, Rehab, Rent, Refinance, Repeat) method but have never used this strategy before so I still have a lot to learnIf I only close on two deals starting in 2019 then I will need to find another 20 deals in the remaining four years (2020-2024) that also meet this criteriaBeyond 2024 I plan to continue to scale even more over the next 3-5 years with an end goal of financial independence by ~2030 (meaning that I will not work a "day job" but will passively manage my real estate portfolio)Biggest hurdle: I'm going to be living outside of the US for the next 3 years and will (likely) not be able to physically see any properties that I plan to purchase.

For commercial buildings, we usually use an LOI instead of an offer and it lays out due diligence (i.e. physical inspections, rent audits, T-12) before the P&S is even signed.