Education is vitally important....real estate, finances, investing, state landlord tenant codes etc.However without a steady employment income you will not likely go very far, or if you do you will have to work 10 Xs harder to achieve success.

Also vitally important is the amount of rehab the home will need.

This number is vital to knowing whether 40k is a good deal or not.

Access to money is always a vital element in REI of any kind.

Since many consumers are finding it easier to purchase goods online, it makes them want to have the various services of a real estate sale present under that one vital umbrella.

is vital.

@Leo KotschenreutherBuilding a good rapport with an agent is vital and you should be looking for someone who has a marketing plan outside of "sign in yard, list on MLS".

Understanding your team is vital.

Your source for lead generation is vital for any business that thrives on leads.  

The property details are more important than my details, so my credit score, income, and other assets are unlikely to impact loan terms for the better.Yes, more important but your details are still vital to getting approved.