With all my ways to get things at wholesale pricing and with the ways of knowing how to essentially get it all in there, while saving money on other things and still make a chunk of change at the end, I'm all for it.  

I stayed in my rented apartment for another month until I had fixed all the essential appliances, painted and put down new flooring. it was a mild inconvenience for the extra 60,000 in instant equity i had one year later. 

So I would say analyze the risk of what you are going to be investing in and have a safety net just in case.

I know some things are coming in the future but essentially you are paying for the future improvements in the area and they aren't there yet.

Essentially, you want to pay less then $180,000 for a property that will earn more then $1,900 a month, and will cost you less then the current expense levels.  

Inspectors keep up with current safety aspects, material performance information, fire codes, health matters like radon and lead paint issues that contractors may not be required or exposed to.

So, my question is what articles are essential in a real estate investing business?

If the rehabber is inexperienced the risk is even greater and the lender's margin of safety must be greater.

I am a big safety freak.

Yes, I definitely worry about safety.