Due diligence is less complicated for single family residential properties, but not any less important.Here is a short list of things I like to cover in my due diligence of a SFR.My investments are rental so I find it more important to use an income approach rather than using comparables.

In all seriousness, this type of planning can be done for someone with just a rental house or 2 and also someone with millions in shopping centers.It isn't that complicated to manage if done properly, but the perception is that it is complex and most people just shy away from it.Then they get sued and lose big and realize, 'maybe I should have done that.'

It's always based off of tried and true money management techniques.

I feel your pain and frustration but there are techniques in the REI game that must be learned before one becomes successful at a particular REI strategy.

Don't complicate things by duplicating current municipal ordinances, like barking dogs, yard lights shinning in another neighbor's windows, basketball goals in the driveway (one thing I really don't want to listen to at night...or anytime for that matter, is a bouncing basketball).Others will have much more I'm sure, but get an attorney early on before you set anything in stone that may haunt you later and require a majority vote to change or modify.

I was just curious, because, as a novice...I didn't know if there was some other technique out there, that was legal.

There is a lot of color/value choices in materials at all price points so as to not increase variable cost.I guess what I’m saying is using these design theories and techniques (may) would reposition the home’s value into a higher market position.I’m with you on the open floor plan and use of neutrals.

First I had a hell of a time convincing people that real estate investing really isn't that f---ing complicated (That was my tagline for a while, "Becoming a landlord is not that f---ing complicated!").

Did you buy the property with the intent to sell it and you are using a lease option (or rent to own) technique to facilitate the sale.

Chris,Don’t over complicate things.