Ensure vendors feel fairly compensated for their expertise.3.Feedback and Recognition: Provide constructive feedback on their work and recognize exceptional performance.

Which is a lesson learned for me because I need to plan things out and recognize issues faster.

Recognize any cash you add to down payment is increasing your cash flow by the rate of the loan.  

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

However, recognize there are challenges placing tenants at this time of the year.good luck

I'm also relatively young and interested in some more "challenging" investments (although recognizing that I would have to do everything remotely and source through a property management company like yours).

But not necessarily purchased below market value”market value”.Look, some of the “best” (most profitable) property I bought were purchased at market price - value, because the market didn’t recognize the value I was able to see, or didn’t have the information I had.  

If you're going to work with contractors, collect rent from tenants, or try to bed the hot chick at the bar, you better learn to recognize warning signs and get out early. 

Years of studying real estate deals doesn't equal years of doing real estate and I recognize that.

Some jurisdictions recognize this and allow large number of ADUs which compounds the NIMBY against ADUs.