Well, once I started the process of buying I was quickly introduced to the importance of title insurance.

The rents go up consistently every year which is very important for appreciation and increasing cashflow over time. 

800 is not important, getting over 720 matters. 

It’s also important to remember that allowing partial payments without a plan can set a bad precedent, so it’s best to handle this firmly but professionally.For the future, collecting the first month’s rent in full before move-in can help avoid situations like this.

Anyway, you mention you've "developed a strong foundation in market analysis, design, and project management", which are all important in the development space.My question, what areas do you feel you are lacking and are either trying to develop those skills yourself, or you'd prefer to bring someone onto your "team" that would provide that expertise? 

The most important point to be take from this for new investors is that investing is not a path to getting out of debt.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

I've got a great article about the pros/cons if you want to DM me I can send you the link.

Just make sure whomever you work with is halfway competent and communicates well, the latter is the most important.

Borrowers in certain states or with high credit scores may qualify for  80% cash-out , but it’s important to weigh the pros and cons.