My mentor made me identify the problem, vision, mission,  and principles to bring more structure to my business.Here is what I wrote.PROBLEM:With most owners expecting to sell their properties at market or above market it is difficult for busy professionals to find stable real estate investments that will bring at least a 7% CoC ROI without investing a lot of time and resources in lead generation VISION:To give busy professionals an opportunity to own solid income producing property opportunities without them being required to do the hard of studying real estate, building a team, nurturing industry connections, etc.

The key is to identify those areas within the market where your desired investment range represents a fair value. 

I'm still trying to figure out what's right for me in terms of strategy and identifying the team needed. 

"AppFolio recently agreed to pay $4.5 million to resolve class action claims that the rental property company violates federal law by not clearly identifying the source of the information it provides on consumers’ credit reports."

We are trying to find information on how to identify if a replacement property will quality as a mixed use 1031.

The chefs and small-business owners I know identify heavily with their professions.

Today, I identified a neighborhood to target for off-market deals.

By identifying your Core 4 (realtor, property manager, lender, contractor) you’ll be able to manage it from afar.

Identified my market (Memphis), put together a team and put in offers for property that fit my criteria.

Numbers include how to get your rehab/construction budget as well as how to identify an accurate exit value, aka ARV (after repair value).Building your team is also essential - title rep, escrow, contractors, sub contractors, real estate agents, CPA, RE attorney, etc.Good luck and welcome to BP Nation!