@Davis Chem The basics and skills are very relevant, knowing what is vital counts for a lot.

If you are looking at larger single-tenant properties, understanding the credit of the existing tenants is vital.  

I am prepared to walk away if that's the prudent decision.FYI, this is for a Buy and Hold, not a flip.Here are the vitals - let me know if I have missed anything:Asking price: $100K (this is an FSBO, I am working with a buyer's agent)Our offer: $90KEstimated Repairs: $5KClosing Costs: < $1K (we are paying cash)All-in: $96KARV: $125KEstimated Rent: $1,050 - $1,150 (but based on rental comps, $1,050 is on the very low end)Property Taxes: $1,178/yrInsurance: $750 - $850/yrThe property is in a great neighborhood with pride of ownership, excellent school district, minutes from shopping, a major state university, etc. 

Essentially, one subsidiary profiting off the success of the other as an investment,As our business grows we would continue this structure, placing layers of corporate veiling between us and our assets.

He works in that space a lot and has great insight.I was on the phone with him the other day about syndicates, PPM's, and a host of other topics related to it.There is different layers to it based on if your investors are in state where you are buying the properties, out of state, or out of the country even. 

Instead of tearing off and replacing the roof, another option would be to add a second layer of shingles over the existing roof (assuming it's not against code in your area).

Here are the vitals:4/2 split level, single car garage, 1968 sq. ft.  

While most mothers know that their love and emotional availability are vital to their children's well-being, many of us do not understand the profound and long-lasting impact we have in developing our young children's brains, teaching them first lessons of love, shaping their conscience.

The law of agency doctrine puts another layer of legal obligations (i.e. “duty of careâ€) on those who act on behalf of another.

I believe a national policy to reduce our trade deficit such as a goal for energy independence (I pushed for this long before Romney put this as his plan and even though I don't believe he has a good understanding on how our monetary system operate I believe this plan on energy independence is vital) and other business growth plans such flattening the tax code in order to promote focus on business not tax planning.