lolGlad to see my little words are taken to heart by some of the guru's on the site.The thing I wanted to add to my quote is one word that looms in everyone's vocabulary, that is capable of killing EVERY deal you look at:[size=18][/size][b]COMPROMISE[size=12][/size] In my dealings, the first set of cost numbers I run are usually the highest AND most accurate (not saying they are realistic).Investors, and mostly new investors fall into the Compromise trap.The numbers don't look good, you take another look at what's involved in the deal and search for area's you can cut costs without any real basis for doing so.You say to yourself, "All I have to do to get my profit up is use less expensive materials and do some of the work myself so I will save on labor."

Exercise isn't even in my vocabulary any more.

Learned a few new vocabulary terms I'd never heard of and saw some of the bigger players in the local market.

There you'll learn the vocabulary, the local market, and the movers and shakers in your area.

You have some valid points, however NPs serve another world that are not really in the same vocabulary spoken by "investors".

He *listens*-- he's learning the vocabulary, getting to know the other people and learning the dynamics of the group.

I would first take the word buy out of my vocabulary when talking about the hood.

It seems to me a larger owner could influence the manager to direct tenants towards them and away from my property)*The property management company has a terrible website, and it begs the question how competent and reliable they may be*It is my understanding that I pay the management fee regardless of vacancy, however I'm not sure on that, perhaps someone who has had prior experience with these type of communities could tell me how they are normally structured.I apologize if I don't quite have the RE vocabulary down, but hopefully you folks can provide some advice and help me get my start in real estate!

One thing that really helps is to make sure your grammar, vocabulary and speaking skills are absolutely top-notch.

So my RE vocabulary is still forming.