Due diligence is a lot more intensive and consists of a document review period, an environmental study, etc. 

Haven't thought much about this but I guess these are some habits and behaviors that have contributed to my success:-Work/Life balance-Healthy diet (most meals)-Exercise 3x Per week-Always learning (books, blogs, podcasts, forums)-Always networking (meeting agents, contractors, wholesalers, etc)-Build real and genuine connections (not surface level networking)-Always underwriting deals (even when I'm not a buyer)-Being consciously confident, decisive, passionate, positive, and creative.

But beware...you also have to consider the market and what other competing properties are offering.Most prospective tenants are EXTREMELY cost conscious; rental rate is most critical variable...so you don't want to price your units higher than the market and increase your vacancy rates.

I especially am conscious of the seasonality when I have a bigger home that could cater a family... so my property managers position the leases to start/end in the summer months when a family is more likely to change school districts. 

It is essential to consult with experts, such as environmental consultants or remediation companies, to assess the extent of the contamination and estimate the rehabilitation costs accurately.Deciding whether to purchase a property with a history of death or drug use ultimately depends on your personal circumstances, risk tolerance, and investment goals.

You could even upcharge to some environmental types by marketing an efficient home!

@Paul Passafiume - If you are fairly price conscious, I'd recommend getting the contact info for @Jim Wilcox's CPA!

We'll make a conscious effort to stay out of your way.If you'd like to discuss this matter in more detail you can call me or "swing a dead cat".  

I very may well have a tough couple of years if the market takes a steep dive - but I'm consciously preparing myself the for the scenario.

Certified Rent roll current showing deposits and lease terms 3 years trailing of P&L statements Copy of all leases. 12 months of property specific bank statements, tax statements, and utility statements List of any active or pending city violations and requirements.Schedule of all improvements made to the property with the current ownership in the past yearInsurance loss run reportsAny records in possession by the seller pertaining to the boilers, water heaters, roofs, plumbing, environmental studies, surveys, electrical and parking lot shall be provided within 5 days of opening escrow.