A bad lender can ruin a deal because of their lack of skill and effort.

Rental pricing is a precise skill.

Small town or not, both Jerel and I would be better suited for these types of transactions than a "jack of all trades" attorney... 

My primary career for a publicly traded company has done well and my CPA believes that our real estate portfolio with RE pro status and acceleration of cost seg could help offset the stock income so I don’t have to sell a bunch of it for the tax ramifications.

Some of this depends on state laws, your level of skill, and the judicial system.Yes, you should have a penalty in your lease agreement.

I am considering trading out and moving into some industrial space.

If your current job gives you marketable skills such as doing private tax returns, or any sort of consultation, assuming it’s not a conflict of interest with your 9-5, that could be a great way to go too.

If you are good with creative financing focus on that, if you have a skill that is a trade you can trade time for time with another person who has different skills.

I would say accuracy, responsiveness and organization are the most important skills.

Diversity of renters, length of leases in place, property condition, and location can also affect risk and value, ultimately impacting the cap rate.When someone says a property has a cap rate of 5%, or that assets in a given area are trading around a 5-cap, they are talking about the return on that property.