If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

It is absolutely needed -its one of the most critical components. 

There are markets that have built in "gotchas" like the rising cost of insurance in coastal FL, regulations in much of the west coast states and property taxes in Texas; however, the deal itself is the most critical factor.

Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.

Is this really a critical factor in seniors choosing retirement homes. 

It's critically important to make sure you know the exact zoning in regards to minimum stay requirements before you go too deep into a property.

If you struggle with this, it is even more reason why making sure you follow all of the other tips I have provided is critical to increasing your chances of hitting your goals.5.

For cash-on-cash evaluation of rental properties, it is critical to identify ALL of  your acquisition costs. 

It scares me thinking about trying the Airbnb route but this area has two distinct tourist seasons in the summer and winter so it might be worth it for at least some of the units.

But one of the most valuable lessons I’ve learned in my journey is that relationships are often the most critical part of success.