1) Rarely paying asking price or even "market price" for a property.2) Understanding how they may be able to reposition a poorly managed property for increased cashflow and value.3) Looking for creative financing, so they don't have to deal with a bank for a purchase loan.4) Understanding ROI, Cash-on-Cash, NOI, etc. and using those numbers to determine HOW MUCH they should offer on a property to meet their taget performance numbers.Funny, appropriate, recent interaction with a plumbing company.

Insulation $5,000.

Good reads would be Rich Dad Poor Dad by Robert Kiyosaki and How to Invest in Real Estate (the beginners guide) by Brandon Turner.

(Property is already in poor shape).

Unfortunately, to my knowledge, I don't believe there's any documentation that a future landlord might find to tip them off to the poor character of these tenants.Moving forward, I'm less dismissive of warning signs in the tenant screening process.

I have a Duplex that's performing poorly in north salt lake.

Also, I like your podcast; it's been really helpful.The need to point out what someone doesn't know and how poorly they have constructed a forum post doesn't help anyone. 

All of the pressure that you are putting on them will make them resentful and leave the property in a poor manner. 

My 2 cents,MikeIt's a poorly decorated, poorly photographed and underperforming STR in a location I love.

God Bless the poor souls that have to make these calls.