If you want to be a successful RE investor, one of the first things you'll need to learn is how to personally walk a property and assess its existing & impending problems, current value, and potential value--this is a critical part of due diligence.

For the most part I have an amazing team in Wilmington, and having a great team to support your investments is super critical, so while I could go to another market and get better theoretical returns, there's a lot for me to like about where I am for now.

Looks easy to missThats why its critical for the tenant to make sure they document EVERYTHING that may be a concern for prior damage at move it.... pictures and video are the best......

"Begin with the end in mind" is so critical.

We have a critical housing shortage going on that is not likely to change. 

One of the most critical elements to any solid jv is in the writing.

Most buyers performing due diligence and researching property BEFORE putting up earnest money deposits typically need critical lien, mortgage and foreclosure information first.

If one is planning to hire someone that's negligent, and doesn't employ critical thinking skills enough to vet them and their product/process, I'd suggest doing something else other than real estate investing.

Note it is critical to make sure you have short term rental insurance that covers loss in rent in the event there is an incident where you need to cancel reservations.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.