It includes things such as: Business Purpose, Financial Projections, Target Locations, Organizational Network, Funding Resources, and a 3 Year Strategic Timeline.

@Benjamin Harris I've heard they're just top of the market and I like to strategically choose properties a decent equity position and the main goal is cash flow.

I hedged my bets that the property would hopefully go up since the Arizona market had been so badly beaten up and that the location was so strategically located to a very popular campus ( Arizona State University) and there was speculation that they would be building the Cubs Spring Training facility across the street ( lucky for me they built this 100 million dollar facility)..

Marketing and more money with a strategic growth plan that has efficient and lean operations in place.

Just a thought in terms of where you stand at the negotiating table :) Let us know a bit more about your finances and resources, goals, etc and I'm sure the BP hivemind will be able to help you strategize.

Budget, come up with a plan - I can help walk you through that, to save and boost your FICO if necessary, and then strategize to get the property.

I have a strategically stained blue hoodie and a strategically stained Carhartt jacket for maintenance and renovation calls.The tenant knows you own the roof over their head.

the bathroom-for-every-bedroom idea - I realize it may be cost-prohibitive to do six bathrooms but try for at least four, more if you can manage it, and be strategic about their placement as you plan how the house can be sectioned off into different sizes of STRs.I have a 3/3 STR house that can be partitioned into 1/1, 2/2, or 3/3 versions - it gets a little complicated to keep it straight with the cleaning crew and making sure the appropriate doors are locked/unlocked, but the flexibility is great in what is (for me) a very seasonal market.  

For the past two years, since beginning this journey, I have consumed every podcast and been absorbed in the forums; I’ve saved nearly every dollar I can and put that towards real estate deals; I’ve pushed my contractor hard, paid him well, but pushed him hard; run my business determined; thought about real estate every day; creatively strategized my next move daily; put relationships on the backburner; and paid myself first.

You need somebody in Austin to be your eyes to describe condition of properties and neighborhoods, provide comparable sales and rental analysis.More importantly, you should put your thinking cap on and strategize a bit.