The percentages should mirror most other builders as it covers 4 fiscal periods:Without including any financing expense, they are at 82% (total materials and non materials cost), which obviously makes your financing rate and project duration, vital issues to get a good hold  and control of.

The problem is, just like every other facet of real estate, people dont know what the hell they are doing.

Then what timeframe is the most vital to you, short term/mid term/long term? 

BP has been vital in making connections to learn not only with national people but with local investors in my area as well (no specific meetups though).

.: Ensuring compliance with tax regulations in both countries is vital.

Maximum cash flow is absolutely vital.

Real estate in all facets was never a cash-flow investment mechanism, it's a generational pass through acquisition first & foremost(most cultures have multiple families in same household).

Other facets of the job (such as dealing with title companies or lenders) are more manageable due to the fact that they usually operate during “normal” business hours, but if you work elsewhere during this time period getting things done might become quite difficult.

I have also read that having a sizable emergency fund is vital, as well.

After inspection we ask seller to fix few vital items like the heat wasn't working.