So, scope out the competition on #1 & #2 above to understand what the rental or sale market expects.- You will lose money if you go overboard!

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

It's crucial to keep investors informed about these factors and help them understand the rationale behind our long-term strategies.

I understand that rents will go up over time and my mortgage payment will pay down the principal, but it seems like investing the $1.43mil into rental properties and/or a low fee US stock market fund may work out better for me. 

Holding properties in an LLC (or other legal entity) can offer valuable protection for your personal assets, so I understand why you went that route.

I would assume any halfway intelligent human being would understand we mean "shut and lock" but maybe I assume too much. 

We broke everything down into six categories and used those as buckets to simplify our understanding of the business.

That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.

It’s important to have a clear understanding of both hard and soft costs (labor, materials, permits, etc.) to assess your budget accurately.Projected Rental Income: Research the rental market in the area.

You're smart for recognizing the importance of building relationships...very few wholesalers in my area understand this.