It would be wise for all, especially newbies that get blindsided, to know the difference.  

Before you get caught blindsided, be sure to evaluate permits and other legal regulations that will be financial and process checkpoints if you were to develop the property.

Buying the company is definitely a strategy, but it comes with its own set of landmines to look out for - the biggest risk is you can get blindsided by something that happened under the previous ownership. 

Thisway you only have one blind side on the right side backing in.

This way you only have one blind side on the right side backing in.

One major hurdle that blindsided us was trying to get financing for it. 

We were a little too comfortable with this income, since the facilities manager we worked with was very loyal to us; we had solved many problems he had fought for years.Anyways, after 5 years with them, we were blindsided when he retired and his replacement told us to stop service.

But like any other business it has it's ups and downs.I think many of you will agree - that there are just some circumstances we have no control over - like 9/11 that blindsided the travel industry. 

With my numbers, I'm calculating 72% Expenses & 28% NOI.I'm eager to get my first property but don't want to be blind-sided by foreseeable expenses; however, if I play it too safe then I'll never get in the game.

It is your responsibility not to be blindsided but to have an airtight agreement that is properly sign.