Then you become the expert, the go-to guy and build a reputation.I spent $250 about 25 years ago.

I should Be an expert by now right!?

I'm no expert, and don't have nearly the experience some of these other guys have, but I have purchased out of state properties (without ever having stepped foot in the city) and am currently closing on a duplex that meets the 2% rule.  

I'm not an expert in probates; just bought one probate house a number of years ago. 

Also, focus on a niche or one small geographic area to start and become expert in that niche or small geographic area.

., I would gladly cross a non-busy one lane street to pick up a crisp $100 bill, but I wouldn’t cross a 8-lane highway blindfolded in hopes that I would make it to the other side to pick up a $1 bill) and that’s what I’m hoping to learn from the seasoned note experts here—how to identify what’s a good risk and a bad risk from a very conservative viewpoint.

I'm no college expert or anything, but all my buddies who got general, non specific degrees (like management) and weren't at the top of their class weren't happy about making 30k less than me.

Can't comment on most, but Id say on 6, it would depend just how long you guys plan on holding the property. 5 Id do garbage disposal just cause I figure itll be cheaper to replace that than to replace the drain line (since it would prevent anything large from going down), but only if its a middle class rental.Again, no expert, just my thoughts.

It's usually not the best solution, but it's good enough that an expert can take that nugget and really make something happen with it.Thanks!

This one is a question for rental experts in particular, as my goal will be to rehab and rent the property.I'm looking at a property that the numbers are going to work out for a positive cash flow outcome.However, the driveway is steep.