Now you don't have to be good at every aspect you learn about, but it's vital in deciding where you want to go in this industry.

Strategic use of debt is vital, an automatic assumption that more is better in every circumstance is unwise, especially for those whose real estate investments coexist with other income, professional circumstances, retirement issues etc.We are in an unprecedented period of liquidity over the last 30-40 years.

If the Seller shows signs of having the same desire, they will give him the time to work it out.My main point is that communication with the existing lender is vital asap. 

Knowing what direction the community is going is vital if you plan on holding property.

No missing vital information in the private section of the mls about how to make an offer. 

They work on our flips and they also handle the day to day maintenance issues that come up in the PM business.None of this stuff I mentioned is really unique at all, but are all vital for us to keep growing. 

I know having legal representation is vital in real estate investing.

To help my brother convert his traditional house into a fourplex and become a vital part of an up-and-coming nonprofit organization.

(This step may need to come earlier or later, but this is a vital one and has to be done at some point before 12 obviously)12.

In principle, I agree people should pay for use of water they use as it promotes conservation of a vital resource.