So making the bottom line strong enough gives you an impact to manage the things in the right aspect and so for the same reason I have prepared myself to keep track of my hours and ultimately that helps me to stay organized.

alex,alot of it depends on what function you're going to serve in the company or investment strategy(ies).if you're going to be involved in every aspect, well then i think ryan's tips are great, along with what others have posted.if you're not going to be hammering nails and the like, or estimating rehab costs, leaving that to others, than don't waste your time reading about rehab techniques.

Dawave, your exit strategy is always the most important aspect of a deal.

Can you please explain the Hard Money aspect of things ?

But some where down the road I'm going to diversify and get into the rental aspect of rei once I build up additional cash reserves.

I appreciate you taking your time to go over each aspect.

Be conservative in every aspect.

those are a few of the starter questions I ask, now I'm not one of those guys who can buy without seeing so maybe one of them can add on to this list so we can get better at that aspect as well.

What aspects are you interested in?

I would say that smart rehabbing is very important to the process, but you are right, buying the property at the right price is the most important aspect.