You want to rent to tenants that share a similar mindset to you about finances and presonal responsibility because that translates into other things they do as well.

As advised from my broker, I did have a real estate attorney (as they are the experts in translating that document).

This translates into lower priced homes (compared to other markets for a similar type home in a similar type neighborhood) with higher margins which yields higher/better returns compared to your more popular/sexier markets. 

Every month I spend 2-3 hours translating the Appfolio cash flow report I get from my PM into double-ledger accounting for Quickbooks.  

Translation--I was a trainer that utilized the Instructional System Design and Development process to build and refine courseware in support of a learning objective.  

That translates to more free cash flow and higher Enterprise Value and that Translates higher dividends and then to a higher stock price.Anyway, I'm beating this to death.

I have a Master's degree in Accounting and worked in Public accounting doing bookkeeping/financials for 7 years and taxes for 6 years.This shows the benefits to them, they have someone who knows what they do and can talk about it to make sure transactions are accounted for, peace of mind I am qualified, peace of mind that an Audit will not be as scary with me compared to without me, financials will be proper and they have someone to help them translate this, and being prepared for tax season means they will save money.

FASB rules don't translate to tax rules.

Turns out that she excels at interpreting tenant situations and translating what people are really saying and doing, and why, because she has lived it.

Do you think type of thinking will translate in the investing world?