I am very meticulous about this every year.

Just just assume here that no appreciation or depreciation for simplicity.I guess a better question, for those that have been at this a while, and I would especially like to hear from Hawaii-based investors, would you go the put down 20% and finance the rest, and try to get several properties for the purposes of getting feet wet quicker, or meticulously plan 1 or 2 deal, paying 50-100% cash upfront?

I've kept meticulous records and have what I believe is a pretty good case, but if a judge will just side with "some poor victim of the economy" I'd rather not spend too much time on it.Thoughts?

Obviously, you want to do meticulous tenant screening (which should result in fewer trips), something I wish I'd started long ago. 

I think what I really need is to take inventory and meticulously plan out my strategy working with what I have and who/what I need to grow from here to reach where I want to be.Anyway, I think one of the best pieces of advice I've read from the forum is to really work backwards from where we want to be and figure out and do what we need to do to get there.Here's to wishing an effective use of my 25hrs /wk to my new career!

I've never lost an IRS audit because I make sure we keep meticulous records and are able to justify absolutely everything.

Keep meticulous records.

I tend to be meticulous in regards to education.  

Of course they do, and the Company pays for it, and the Company writes it off their taxes, and they have meticulous documentation proving it's used for Company Business.Sometimes.

There are only about 260 days/2,080 working hours in a year, not excluding holidays. meticulous records must be kept every day.