It is the most important thing to me.

I learned early on that it was an important part of life and I've stuck to that number for years now. 

And that's an important point to keep in mind.  

What's important to note is that while they may not report to the agencies, therefore not be factored into your DTI, you need to monitor your debt levels to ensure you're not taking on debt obligations that you're unable to afford.

That's super important! 

Most importantly, you should being looking for your niche and finding deals as you will learn more from your actual experiences than from anything else.

Here is an excerpt from an article from another BP member regarding delayed financing:If you buy a property with cash (or with a HELOC) you can receive a cash out loan on Day 1.There is not a 6 month waiting period with receiving a cash out loan if you purchased a home with cash or with a HELOCBUT you will be limited to the amount of….Your purchase price + closing costs (costs when you purchased the home)OR75% of the “After Repair Value”…WHICHEVER IS THE LOWER AMOUNT (super important)These rules are important to understand so here are two examples:Example 1: If you purchased a home with $50k of cash, and put $30k of renovations into the loan, and the home was worth $100k. 75% is $75k and $50k is your purchase price.

So here I am, Young master of the universe writing a post on BP.And it goes a little something like this:https://www.biggerpockets.com/forums/12/topics/315...Well my little puny humans, I got laughed at, got insulted (in pvt message), got called names...BlahBlahhhhBlahhhhhhBLAAAHHHHHHLook , I know you all are trying to help.. well some just want to come over as smart...And this is  a really important lesson.

Fairly Priced - There are so many options when it comes to listing a property that it is important to be priced correctly.

It is very important to get everything in writing just to avoid misunderstanding and one person or the other forgetting what was agreed to in the beginning.