I've been reading up on all I can find and seem to have a grasp on the basic concepts however information on the general concepts is abundant but I am missing the details.

Meaning when I go buy a car I don't look at the paint job.A paint job is just small money and some gloss on the tires.I focus on the expensive items like the bones of the vehicle.So with a house I know which items are cheap to fix and which items are expensive and I also know if the repair they are claiming was made when trying to sell to me is correct or it was done improperly and will fail soon and will need to be redone completely.You can try to find another manager but if you have a little house where the manager only make 60 bucks a month etc. there is not much money to be had for the grief involved.I just hope you didn't overpay for this property and expect to try to unrealistically cut repairs to now maintain a profit margin.That won't work and will eventually hurt you upon resale of the property with deferred maintenance.A number one mistake I see is over paying and then grasping at anything to cut costs.

I'm trying to get a good grasp on cosmetic repairs PPSF, since most every deal I look at in Houston's needs a complete cosmetic overhaul.

The trend toward "relationship banking" is something you need to grasp - develop a good relationship with some bank, or find one that explicitly advertises relationship banking.

But I feel I have a better grasp over the next 3 to 7 years versus what will be happening in 20 to 30 years.

I'm still new to the whole process as I've never taken part in any facet of a residential real estate transaction, so I feel more comfortable working with professionals who seem to have a good grasp on the process.Originally posted by Joshua Dorkin:Welcome to BiggerPockets, Ryan!

The problem is, politicians have no grasp of the real problems people face.

I don't think most can grasp the possibilities yet!

It is great you are being conservative but it tells me you don't have really solid grasp on the neighborhood values.

Had it not been for some certain principles I learned from him, I wouldn't have been able to make some of the investments I have, survived the sanity-trial of becoming an entrepreneur, and have a tight grasp on how to make things work.It's true, it's not a how-to book.