@John Mason I'm good on both of those preliminaries.

Our educational system anymore, it’s no shock that most people under a certain age have no ability for rational thinking.  

You’d be shocked by how little actual screening many PMC’s do!

As a former resident of both islands, I was shocked to see the damage firsthand and to also see all the homes that where I once lived having to dig out from the sand that came with the surge.Coming back to my own home off the islands I could not help to think how this event is going to change our local area in the near-term.

You’d be shocked by how little actual screening many PMC’s do!

And I would be shocked if you didn't have enough to live a middle class life in 10 years with passive income. 

Debt payment is due.It was shocking when Reagan had a 90 Billion dollar year.

Seems if they spent more to get a better guru, giving good advice, it would pay off in spades.Did you know that if you are a gator lender lending in second position (after a sub to mortgage for instance), and you don't have a title report run, 1. you may not even be lending against the property you are thinking you're lending aginst2. the person you are giving money to may not be the owner 3. there may be other loans ahead of you on the property which makes your risk much higher4. you may be lending more than the property is worth and not now it5. if the guy stops making payments on the first and it goes into foreclosure, you lose your moneyThat's some pretty serious stuff  shocking, another copy + paste post!

It's actually really expensive to transact real estate - see the number of posts on BP by first time buyers who are shocked at how much they have to pay in fees and points and closing costs.  

I am a little shell shock from 1980s and older since things just break like my old 96' Honda Accord.Track Record & Past Performance:Evaluate the operator's past deals using third-party reports (e.g., CoStar, Yardi) - these cost 10-20k a year and again this is not in scope or access of LPs.Verify past performance metrics (walk past assets and secret shop their staff at assets) rather than relying solely on marketing materials.Visit comparable properties physically to validate rent assumptions.