Also, I am confident I can weather the storms based on reserves and diversified portfolio in 3 different markets - California, Indianapolis, Atlanta3)  What  NEXT LEVEL plans or CHANGE would you like to accomplish in your REI when deep recession hits?

I feel pretty confident based on own knowledge of the area but I would love to be able to back that up with data before purchasing.

If yes, then you can feel confident moving forward on the deal.

You need to put in the time, use the tools & power team that will determine the most accurate & proven numbers.This way you can confidently submit your highest & best offer without a doubt.I spent a good portion of yesterday really dialing in on the CapEx needed on a deal that we are submitting highest & best on.👇 Do you take the time to really dig in on the numbers when submitting offers or do you use rule of thumb numbers?

I ve bought only one property, and failed on buying the 2nd one, most important rule ( for me, not an expert) 99 % of people involved in the deal o transaction , is looking for their own interests, so have and eagle eye, and double check everything as many times as you feel confident on such deal.

Having the end in mind, I would've liked to have an idea of the basics of contracts, bookkeeping, etc. prior to, but I have the confidence to fumble my way through it since I work in the industry every day.

For those a confident in their success, can you share some of the secret sauce of how you plan for future investments and factors that influence your acquisitions.

I have been studying for quite some time now and I finally have the confidence to take action.

I'd have no problem asking someone to verify my assessment but confidence in my own due diligence builds stronger as I run the numbers and  continually evaluate myself.  

If you're confident you can sell the property for good money I would sell it and use the money to buy several investment properties or one larger multi-family.