As an active investor (GP) that means developing all the attributes that are consistent with being a good sponsor, to be able to identify, acquire, manage, and exit and asset that provide passive investor like yourself the desired returns.  

You need to exchange those attributes for education.

I started this project hoping i could efficiently review the most amount of properties in order to maximize the potential investment options to bid at auction....this is what I have so far.First thing i did was to create the listings, I matched the properties been auctioned with their corresponding pics and the property specs (rooms, size, floors etc.).Second, for each property I automated the data collection process from public records and created a report with: Foreclosure info, owner info, taxes data, liens including mortgages , satisfaction of mortgages,  assigments, violations and permits and court dockets.This data is updated daily to capture new filings (specially the dockets to capture bk and motions to cancel sales)Now that i have the data i can apply my personal "preferences" to go through the report and in a few minutes discard  properties that have certain attributes I "dislike". 

. $150k income warrants paying a good accountant to analyze its tax attributes.

There is a property in the Lovettsville Virginia area that I am evaluating on whether it would (or would not) be suitable to become a solid SFR rental property. From my very general understanding of the area it is an ...

In the BP podcast Brandon and David will usually say this when it comes to mentoring, they hate when people ask them "can I work for you, ill even do it for free" because now they have another job....finding that person work to do.But on the contrary if you can come with a set of skills or attributes and offer your services.

If you have a general idea what percentage is typical with other properties in a particular market, that's a reasonable place to start, but then you still have to adjust for the condition of the property (and other attributes such as how many bathrooms).

INDEMNIFICATION: The Owner shall indemnify and hold harmless  Property Managemer  from and against claims, demands, losses, costs, damages, actions, suits, or proceedings (hereinafter called "claims"), by third parties that arise out of, or are attributable to, the Property Manager's performance of the agreement provided such claims are:1. attributable to bodily injury, sickness, disease, or death, or to injury to or destruction oftangible property, and;2. caused by negligent acts or omissions of the Property Manager or anyone for whose acts the Property Manager may be liable.

Although I attribute my kids to why I bought rental so maybe if I didn’t have kids I wouldn’t have rental idk.I am getting ready to start my first out of state deal and I think the biggest think for me is the contractor.

Think of it this way, consider the attribute statements in negative and positive, almost like counting cards.