Quality?

They invoke a “holier than thou” attitude by alluding to their superior personal believe system, such a “I believe in abundance while you believe in scarcity”.  

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

You get so much wealth and start getting older you enjoy the business but focus on quality of life more and memories. 

Then, having covered my base, I'd try to differentiate myself, by having the best located property, the best quality property (given the price of course) and offer the best experience.

You'll have quality tenants, minimal hands-on management, and lower potential maintenance issues.

Great quality for the same price as HD and Lowes particle board cabinets.

A bad PM can kill a good decision.If you can't find a quality PM in a particular market, don't invest in that market.

Of course, if you are doing a lot of buying and selling, it is always good to know who the players are because there are some that do top quality work and others that do not.

Like many businesses, the flipping niche has 3 categories that differentiate one flipper from another: quality, faster, cheaper.