Don't skip any of the above figures to make your numbers look better or you'll just  get burned when you think too optimistically. you WILL need those contingencies like capex roof replacement and being able to afford a PM because no one wants to be forced to manage your own rentals forever because they forgot to budget for that expense.

The last thing I want to do is skip out on what is probably the most important expense for a home to save $1000.

I would skip the formality by going to State Real Estate Board compliance filing.

At any soils is not something to skip over in certain areas.

I ended up skipping the Series LLC route to make things easier for me, my Lawyer and CPA. 

There is definitely an advantage to skipping college and the debt that can come along with it.

For example, if you go out and buy a 20 unit apartment complex, you got to skip 20 acquisitions.

I would not skip that - I even get leads for "older" people from their children/family (this is not rare at all).

If you cant be allowed back on site for more walkthroughs or understand the true possible costs of rehab, then I would skip. 

I would personally skip over anything located in "East Cleveland"