So understand every bit of risk is important.

I've been thought about hiring a PM company for a while now but I've decided to keep the management in-house.I think it's important to start delegating out the low dollar per hour tasks.

Quote from @Viji Venkatachalam: Trust is important in this scenario .

Next, and you may be surprised, what hobbies and other interests are important?   

Before signing any offers on a Real Estate property, it is important to understand what the going rate for leases are in your neighborhood.

I'm not trying to beat this to death, but what people start with is important.

More importantly, at the moment, we do not have a network of contractors/PMs who can help us evaluate properties in any Class to tell us what we can expect once we purchase them.

I worked in sales before going full time in my rental property business- making 5k plus $120/mo could have been done in a regular job with less work than doing a BRRR SFR.Your family and your well being are too important to put on the back burner!

Treat the relationship with importance.

This is pretty important IMO.