Another note on the Importance of getting a lease that passes the waterfall through to the tenant.  

But then once I calmed down I realized I didn't want to hurt my client's chances, so it's a really good thing he didn't answer the phone at that moment, because I would've ripped him another you know what. 

What's a good general tone/discussion when speaking with buyers to request a POF before seeing any deal details A calm professional tone. 

Ideally, I could build a few every year and use a combination of exit strategies to "waterfall" money at different times into the future. 

Knock before entering bedrooms.Food Sharing Guidelines:Decide whether to share groceries or keep them separate, and establish rules about borrowing or using each other's food.Security and Safety:Keep doors locked, and make sure all roommates are aware of emergency procedures, including fire exits and contact information.Conflict Resolution:If conflicts arise, commit to addressing them calmly and directly.

Buy something this fall when the market calms down.

The best way to get from family and friends, Only when they tell you that they do not intend to use the money anytime in the near future, so you will not get quickly nervous, and have the journey calm and smooth, When it comes to funding your real estate purchase and renovations, it really depends on the specific situation.

This helped keep me calm when big problems arose as I just reflected that this was that house's day.  

Many factors go into pricing a new engagement, I have clients that are charged a few thousand up to a few hundred thousand.  1) Number of properties / types of properties (Commercial / multi family / short term / mixed use / triple net / TIC / etc...)2) Number of entities / type of entities / complexity of those entities (syndication/waterfall)3) Existence of trusts / nature of those trusts4) Number of state filings / which states (some states are way worse than others)5) quality of record keeping6) how difficult you are to deal with as a human being ;)7) how much additional consulting and planning services will be needed8) nature of your business9) when do you want it done by?

There are vacation rentals there, as it's a great area for waterfalls, river, fishing, etc.