Love your post - most people forget how important the MINDSET component is to achieving goals and doing the impossible

I like that you have a thorough training/education component to start.

I understand that developing trust is a key component.

:) Bill GulleyI couldn't agree more about recommending these fundamentals and building block educational components..When I started 12 years ago I read and studied everything I could get my hands on, but I realize now that most of it was "guru" style education.

Pricing is the most critical component.

Surely I’m missing some key component here?

There are companies you hire to do it or you can do it yourself by understanding what goes into a credit score and working on the components.2) Get a partner with a decent credit score.

Its likely you'll be able to find a place that has some of those components that don't need to be touched for quite a few years.A conservative approach when analyzing a deal is one thing, but if you model only the downside, you can make almost any deal look bad.

Is there a value add component or are you just buying cash flow?

I'd rather walk away from a deal than be plagued by it and worse to lose my shorts on it.You just can't determine how much damage has been done i.e, drywall, paneling, plaster, insulation, structural components i.e. framing exterior siding and even fixtures and appliances, etc. until you've done a thorough inspection.