Become a private money lender and earned double digit returns on your money4.

....uh...because I run a business with investors, and my ultimate goal is to make as much profit as I can in the shortest period of time, while maintaining control of the asset....EVERYTHING else is just how I go about achieving my objective.

You're right, digital copies will save file space. 

I am looking for a real estate attorney to review paperwork and provide advice as an objective third party. 

I will definitely be learning everything, however we are trying to flip these deals fast and it's my objective to make them go smoother and happen quicker.

We will likely put a new 10 year loan on the deal and enjoy double digit COCRs for the next decade.

So if it is worth closer to 100k for 4k of work, than I would want at least 90k, if I was going to lose my cash flow (my key objective). 

This is one of the three areas that I am struggling with objectively qualifying vs. subjective interpretation.  

At the end of the day we have to make it function like a business, keep the tenants happy and keep the owners from getting sued.It's a relationship business not an object business.

In Florida where I invest I am seeing double digit appreciation on the low end homes and inventory is very tight.