Most of the younger clients I have been working with are looking to skip the "starter home" and move straight into the forever home in the best neighborhoods.

If they didn't listen to your criteria then skip over their app.

Never, Never Ever skip the background check... had a prospective give me a song and dance about how they could not complete the background questions due to identity theft years ago and it hasn't cleared up...

Sometimes these rules can make you skip on properties that could work or buy properties where it won't.

Look up Dave Ramsey's Baby Steps and don't skip any steps.

You never want to be the person who goes out to dinner with a group and then skips out on paying for the drinks and tip (not saying that's you).

Just over a year ago, as I was rehabbing one unit of the duplex, the landlord of the triplex unit immediately across from our duplex had a tenant skip. 

They think they are big time business owners who can skip hiring general contractors and end up hiring handymen or day laborers from craigslist who call themselves general contractors.They are almost always going to offer a cheaper rate then an actual contracting company with an administrative staff, marketing budget, licensing, fleet of vehicles etc.....Thing is it's not actually a 100% certainty that they will do (or properly do) the job you've hired them to do. 

Even though interest still doesn’t carry over from month to month — and if you skip a payment, you are not charged more interest the next month — the loan no longer behaves like a simple interest loan.Doubling the interest rate more than doubles the total interest over the life of the loan.

So, I am going to skip answering, but I will tell you reason people like Warren Buffet makes millions of dollars in the stock market.