It's not an intelligence thing, it's just an experience thing.   

Meaning don’t buy something just because you like it--buy it on favorable numbers.If you are looking for a fixer for instance, it's intelligent to find a fixer where you believe rehabbing will allow you to increase rents, and it's best in an area with increasing employment--as well as many other things.If you want to approach this in a hard nosed manner (not everyone does) it's smart to make all of your buy and sell decisions based on financial measures, such as the income stream, and on the return on investment that the income stream represents--as well as many others.It's also intelligent to calculate:1.Its Projected Cash Flow2.Its Projected Appreciation3.The Loan Pay down benefit you will get from owning it.4.The Tax Shelter you will get from owning it.As well as many other things.

I can't speak intelligently on the section 8 or housing authority workings as I have no experience in that, but I can tell you that finding the rental rate is done via comps in your area.

I'm planning to contact a knowledgeable attorney once I have a little bit of knowledge so that we can have an intelligent conversation.My partner and I own 19 rental condos in an LLC.

Sleep on it, talk it over with someone, calm yourself down and then make a intelligent decisions on what's best.#2  Look for business decisions that are best for everyone involved in the outcome. 

Remember you have a law degree so you have to be intelligent so don't let being new be your hangup in talking to ppl with money. 

He snuck up on other realtors with his “intelligence gathering”….Hey JOE, I have a client looking at your property.

In addition, it´s intelligent in my book to not believe I know it all.

Luxury Yacht (with decent expendable income) who owns a 3 year old SFH he rents out at market rate in a class B area to stable renters may make a different decision on what to do with monthly cash inflow than Just starting out on a shoestring and a prayer blue coller worker who owns a 70 year old class C that is overdue for a rehab.That is based on personal ability to meet costs when they come due and the probability that costs will come due.That being said, it's always intelligent to budget for CAPEX using real life numbers vs IRS or guesstimate numbers.You also need money for turns, which includes carrying costs when unoccupied and etc...As well as unexpected costs, such as roof damage, or early appliance failure--such as a refrigerator.Good Luck!

., The intelligent investor Benjamin G., Increasing your financial IQ Robert K., 12 months to 1 Million Ryan M., No and low money down Brandon T., your next 5 moves Patrick D., How to invest in Real Estate J.D and B.T. and currently 7 habits of highly effective people by Stephen C.Thank you and i hope to meet as many of you as i can!