When we say  your communication is weak, we are referring to the critical crucial information that we never got to know proactively from AlabamaPM ..

Not being critical...just honest.

@Bob Willis Good point on two critical items.

The leverage piece of real estate is critical and since leverage can make you rich, it can also wipe you out in a fell swoop, which is why you have to have equity.Stick with it, find a better deal.

Aloha,Applicable Local, State, and Federal laws could arguably be most important of all to be aware of, to varying degrees, and in many cases, you need significant understanding of particular laws, depending on the specific RE path you are working.City and State LL/Tenant laws; Fair Credit Reporting Act; Regulation Z; Fair Housing; State/County/City Zoning and Land Use ordinances; Building Codes, Permits and Inspections; FEMA Flood Zones; EPA Regulations including for lead based paint, asbestos, waste water handling, grease traps, underground storage tanks, and septic systems; Life Safety Code NFPA 101; OSHA regulations (apply to all businesses and/or employers); Condo/HOA State laws and individual project Governing Documents; State Real Estate Licensing laws; State Administrative laws for RE and/or other businesses; State and local Tax laws; and likely a few more...For Rentals, the two most critical areas where mistakes are often made, and can be very costly, are the Tenant Application and Screening Process; and the Rental Preparation Process (from acquisition or vacancy, to an approved Tenant application).

It is more critical than ever for potential STR owners to realize that the single most (and maybe only) important criteria is location.

Phone calls, texts, and, to a lesser extent, emails are a waste of time for providing critical information.You should send updates to Management via Certified Mail, Return Receipt Requested, so you have a record of doing so.

Instead, if you simply focus on what we call the "low hanging fruit" deductions first, you'll realize that if you implement technology (most of which is free) in the correct manner, you'll save thousands per year in taxes.The sexy strategies are critical, but the one thing quite literally every single person can benefit from is better use of technology to maximize their tax position. 

I think his detractors and critics have some jealousy issues.

It's critical that financial institutions work quickly to restore confidence so this crisis of confidence does not spread further.