Originally posted by :Deal 1  sold this week at auction for a loss, probably a $4,500 loss, this is in my profit calculation.Deal 2 Bought for 20k sold for 45 with 10k down and 35k financed for 8 years at 8%  I counted this as a 45k asset but probably should have only counted it as 35 since the 10k has been reinvested and is reflected in other assets.Deal 3, bought for 10k and foreclosed on a non performing borrower, we will be all in for under 20k, and should sell for @ 45k, maybe more if we do owner financing.  

Just because the home is renovated, does not mean the market in that area will reflect a higher value for the property.

The construction contract should reflect the actual cost to build, ensuring clarity for the lender.

In my local market, big appreciation is almost a sure thing, but the prices reflect that.

I was struggling with finding a lease agreement online that reflected that arrangement.

Trevor, you can adjust your due date in Baselane if you're inclined to let her pay on the 3rd, but make sure you have also adjusted the terms of your lease to reflect that.

Ensure the sale reflects fair market value to avoid gift tax.

Allow a pets and I think you will have a great spot.Would adding that extra space/ spending that money be reflected in an appropriate increase in the property value too?

.• Clerical Errors: Are the square footages, bedrooms, bathrooms, and lot sizes accurately reflected?

I agree 100% that most investors spend too much time on the fun stuff, looking at 'deals', building models, picking paint colors and don't spend enough time in self reflection to understand what the are and aren't good at.