I was so proud because I had reached critical mass with that building and two in Renton nearby.

I'd think the first two would be critical while outsourcing the third until one has enough of a pipeline to support retaining legal counsel longer term.

It is always critical to ensure that lead certificates are on file, or that you budget the costs of eventually. 

It is also critical to check your local county court records - It is not unheard of for an eviction case to be pending in local courts, but not yet show up on national database checks. 

Also,  if you have any other ideas or constructive criticism I am open to your opinions.

Then you can compare that number to similar and dissimilar investments and make educated decisions. 

I mean if you decide to partner up with someone, it is very critical to have the duties and responsibilities as well as "what if's" clearly defined in your Operating Agreement. 

She doens't criticize the concept too much these days.

(these 2 questions are critical in understanding the seller's motivation)P - tell me more about the PROPERTY (number of bed/bath/square feet/how old is it/etc?)

It is critical, more than ever, to build relationships with the top industry professionals and gain knowledge and experience for when the market does positively change you will be ready for it.