They specialized in one asset class that they could meticulously control -- a business, real estate, intellectual property, etc.Diversification is great when you don't the knowledge, time, inclination and/or experience to specialize.

It is also less expensive for the electrician to install his switch in a blank wall then having to install it in a mirror that requires meticulous cuts.As you build homes you will find more and more ideas of saving money and yet making the home look equally nice.

Actually, the best strategy is to operate your business, incur valid business expenses, keep meticulous records so your CPA can slap the auditor down when they audit you.I have been audited many times over the years by the IRS and several states.

It had been meticulously maintained by people who owned an HVAC company.   

He wasn't a bad guy, just way too meticulous with everything.

@Matt Holmer, I'm a meticulous data crunching kind of guy and your post piqued my interest. 

This may be different with a physical presence test, as you can't dispute meticulously organized airfare records that prove you were out of the country at least 330 days.

They know the area they want to be in, they come prepared with all figures and documents and the meticulous work they put into each property is absolutely phenomenal.

Be methodical and meticulous with who you allow in your unit, it will save you many of headaches and thousands of dollars down the road, even if your not getting top market rent, there's value in a good quality tenant who takes care of your investment.By the way I love the DELRAY area.

An investor must be much more meticulous than a retail buyer.