As a kid my brother and the other boys in my neighborhood would watch A-team and MacGyver because they realised that there was always component left out when they would construct their diversions and explosions.

Basically Hardware is the base of adding components, trouble shooting and also assembling a computer in a systemic way.

It's been about 2 month process so far.Chad, Gene's advice sounds solid, anything you can do to familiarize yourself with construction components and terminology will give you a better shot at becoming an inspector.  

It's never become an issue, but I acknowledged the issues with benefiting/detriment party in a friendly manner.

Welcome, Jacob.An LLC may be useful but certainly do not spend too many resources investigating that at the detriment of actually getting out there and getting in the game. 

Biggest components are land transfer tax and prorated property tax. 

Verifying financials is a key component and getting any price reductions from an inspection report before doing an appraisal or phase one is key.

On a side note, I'd love to talk to you sometime about the private equity fund you work for as I'm looking to add a "financial partners" component to the buying group I'm launching.

I agree with you that I am almost never on budget, mostly over, but I try to bring the mouse in a condition where all components have at least 10-20 years of life left (which means replacing a lot of course).One thing that you do and I think I will change is to not finish the basements.

Beyond repair costs, make sure you're comfortable/conservative with your target rents and vacancy rates, those are the biggest components (to me) that can make or break things.