If anything, the inclusion of these topics (in appropriate depth) on BP's website, books, and bootcamps makes them LESS dangerous because they become things that are studied, as opposed to just 4 minute clips on YouTube.For those who disagree, I am *genuinely* curious what advice you would give to this and many other informed - but still novice - investors who want to take action?  

Amy:We provide them with a copy of the application (inclusive of the application process description and screening criteria) and advise them there is a nominal fee of $20.00 that must be remitted with an application.Once we have provided them with all the information on the unit and our application process, if they wish to come see the unit, we will schedule a viewing.  

Regardless of whether any box is checked in § 10.6.1, the Due Diligence Documents to be delivered by Seller to Buyer on or before the Due Diligence Documents Delivery Deadline pursuant to § 10.6.1 include copies of any of the following, to the extent they exist and are in Seller's possession: utility bills and property tax statements relating to the Property for the last 12 months; architectural drawings, blueprints, as-built construction plans and any other plans or specifications regarding any improvements on or to the Property; certificate(s) of occupancy or other governmental approval(s) regarding any improvements on or to the Property; warranties, manuals, instructional brochures or similar materials relating to the Property or Inclusions, or their use, operation or maintenance; inspection, soil, drainage, percolation and similar reports relating to the Property; and if a well exists on the Property, a CREC-approved Listing Firm's Well Checklist completed by Seller, current as of the date of the Contract.

The units will rent for $625 each and I will cashflow just under $400 per month inclusive without coming out of pocket with any funds.  

"We want inclusion, diversity and culture here" Can also mean:"We want inclusion, diversity and culture, but if it shows up in our neighborhood we will band together an HOA, hike property taxes, confine everyone that doesn't look, act, earn, think or smell like us to lower income disadvantaged areas, then collect federal funds for an electric bus route to connect our neighborhood to our high paying jobs"Stripping names off an application is a start, won't change much and isn't hurting anyone.

i know a lot of old school PMs just have never done things in the way that many do now, with software like appfolio and such. if i know and trust them, and they're amazing otherwise, and there aren't any concerning numbers on my properties, and i know other investors who use them and have great experiences, i wouldn't worry but would ask that we meet in the middle with expectations on this. but if that is NOT the case, i'd probably worry. i don't think it's unusual for repairs to be 30% of the gross rents one year, especially if it's your first year owning it and the previous owner didn't really take good care of it, but if that's the avg over multiple years of ownership it doesn't really sound normal. however, is that 30% inclusive of ALL operating costs?

I will provide summary results here with a link to the detailed report.Here is what I propose.First, a description of what is included in the operating expense numbers for analysis and what is not.Then, I will get them to summarize it by rent amount for inclusion here.

“We want something that everyone can be proud of, that’s inclusive and that respects the personality of Gastonia and the attributes of the community and something that can usher us into the future moving forward.

I also was not trying to be all inclusive on the expensive counties (Santa Barbara, etc).There are many areas in CA where homes can be purchased for $300k, but they are not the areas that we listed as expensive areas (and as you pointed out where a large percent of the people live).  

If this was a CA property CA has a very cool way to protect a seller.. its called an AITD  All inclusive deed of trust with the power of sale..