I've been learning and chewing REI one bite a time.Don't be rushed into spelling out your GOALS yet because it is bound to change as you learn more.You are young and there is no need for artificial aggressive time deadlines, you will know when to take Massive Action !

She lied on her application as a practicing DR of Veterinary medicine but her license was revoked just days before she applied.

The reduction in borrowers obligations also artificially increased economic productivity.

Since Class A is artificially limited to "only" 10%, a very well performing deal could result in a boosted return for Class B, rather than a weaker return.

Yes I pursued a very expensive career in medicine thinking it was the “right” thing to do.

By not pursuing either of those options you're artificially creating an insurance related issue for you that isn't typically there...

The good news is that you have a portfolio; so, have benefited from the huge increase in values and rents and artificially low rates...and have experience should opportunities surface. 

At the very least, you'll be fined for not issuing a 1099 when you should have, assuming you are in compliance in every other area.Fourth, by not declaring the expense of the contractor, you are artificially inflating your income, which the IRS is fine with - they are technically ok if you want to overpay your taxes.  

If my starting cap rate is artificially low because I have replacement reserves in my NOI, it's more likely that my exit cap rate will be artificially low as well, causing my exit value assumption to be too high.Along that line, the only time I violate all of the above is when calculating my NOI in my year of exit, which forms the basis for my estimate of terminal value. 

Which is why I look at price per door in a given submarket, I'd rather buy a "low CAP" under the average PPD than a high CAP at a higher PPD in that same submarket because the low cap scares off buyers and there is normally something going on that causes the CAP to be artificially low.