I keep mine a little below market to prevent turnover.  

We anchored the top of the machine to the wall to prevent it from tipping over.

Luka, its hard on a 2-dimensional forum to get the full tone, but I think most if not all of the posters on here root for each other no matter what advice is followed. 

Clay soils mean that drainage is really important to prevent foundation issues.

I only give them a short time (usually 5 days total from the contract to hold) to meet for the lease signing before they lose their exclusive rights to the unit, so this prevents someone from dragging their feet after they've signed the contract to hold.Once the lease is signed, I take down the ads and send out emails to people in mid-marketing flow letting them know that the apartment has been rented but I will reach out if something falls through.

Having a strong understanding of your "walk away" price (maximum you're willing to pay) gives you leverage and prevents emotional decisions. 

Acquisition is the root of real estate investing - if you can master the systems and processes around that you will have a skill that can be translated to bigger and bigger deals.I'd advise against developing on your own at first - if you find a partner that is knowledgable then go for it.Syndications can be great, they also can be horrible.

While I certainly understand the need for a company to do an audit, particularly for the REIT, I am not sure why that would slow down or prevent rent moneys being paid for rent on joint ventures.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

I'm looking forward into developing my roots in the community!