And guess what - water is a critical ressource for LCD production and clean room operations.

House in a D neighborhood so we broke the comps and unfortunately had to drop the price a little when the appraisal came back lower than the offered price on the home but in retrospect there is no way we could have cut corners on any aspect of the rehab--it needed everything!

If you have to start over, re-engaging new crew in the middle of a job you might lose a few weeks as well.From a project management scheduling perspective, yes, you can have multiple crews working in parallel, but it's still very easy to screw up the critical path with inspections/re-inspections, re-work, change orders, supply issues, weather, personnel issues, funding issues, people in general.

I've been debating on getting my first rental property, however having experience with investing in the stock market, I understand the critical nature of 'getting in at the right time.'

The LLC needs to be specifically configured for the compliance aspects of being owned by an IRA. 

Welcome to BP community @Scott Menkes  It is a great place to meet new friends and learn about various aspects of real estate and more. 

Welcome to BP community @Sakeena Andrade  It is a great place to meet new friends and learn about various aspects of real estate and more. 

It sounds like you want to get involved with a number of aspects of investing but I'd recommend that you hone in on one to master it, then move on to another.  

Visit your properties frequently, and look at them with a critical eye for what hazards exist and fix them.

Welcome to BP community @Christopher Cole  It is a great place to meet new friends and learn about various aspects of real estate and more.