Most do it very badly, substituting guess work and cheap materials, hoping to wing it....fake it....till they make it.As far as I'm concerned if you aren't getting to your leads quick enough, you are flushing your lead gen budget for no good reason.

There's no substitute for knowing your market in real estate.

Just put realese clauses and substitution of collateral in the agreement.

(A recorded trustee's deed (or similar alternative) confirming the amount paid by the grantee to trustee may be substituted for a settlement statement if a settlement statement was not provided to the purchaser at time of sale.)The preliminary title search or report must confirm that there are no existing liens on the subject property.The sources of funds for the purchase transaction are documented (such as bank statements, personal loan documents, or a HELOC on another property).If the source of funds used to acquire the property was an unsecured loan or a loan secured by an asset other than the subject property (such as a HELOC secured by another property), the settlement statement for the refinance transaction must reflect that all cash-out proceeds be used to pay off or pay down, as applicable, the loan used to purchase the property.

There is no substitute for underwriting based on sound, fundamental real estate principles, including local market and submarket research. 

For example, if your roofing subcontractor did not properly install the weatherproofing membrane under the roof, leading to leaks, which damage the walls and floors, a liability policy would not cover the cost of repairing the roof, but would typically cover the damage to the walls and floors.While, you may be able to limit liability through through the contract terms, and an "as is" clause, (and I would consult with a lawyer in your area who knows what is allowable in your jurisdiction), that is not a substitute for a good liability policy.

Why not attempt to follow Brandon's example when underwriting deals, except substitute the estimated remaining life of each component rather than the life of a new component?

So please, substitute the X's for actual numbers.

However, the landlord must make reasonable efforts to find a substitute tenant and minimize any rent losses.

there is just no substitute for being hands-on, and higher rates have put pressure on cash flow even in the midwest.don't be these people:https://www.biggerpockets.com/forums/12/topics/1140454-prope...https://www.biggerpockets.com/forums/12/topics/1111808-strug...https://www.biggerpockets.com/forums/311/topics/1137430-insp...