If its vital to the deal then we may have to aim a bit lower for our first property.I agree that a yield play is my best bet, but I would plan to strategically update the property in order to force appreciation and increase value.

In addition to the lessons you have already learned, a couple of mine:1) Natural curiosity - especially about "boring" things - can help you learn the vital information to move you forward2) If you don't know, ask someone, and/or do your own research.

Moreover, I know a contractor is a vital player on my team and can make or break your investing business.

Also make sure they are good at communication as that is important and vital!!

In a way, I am just trying to prevent myself from forgetting something small that is vital for my guest. 

It is vital for me to investigate and finally make a decision.

My go to guy for lending, Drew Walls , and his company at Millenium Home Mortgage were absolutely vital in this deal.

I dont want to settle for a bad location just to find one because ive been told location plays a vital role in that properties future success but i also fear i wont find any deals in the better areas like the lake bluffs, lake forest, long grove, etc.

As relationships are vital in this community, I’m looking to introduce myself here and see ways to connect to other investors in Chicago.

Just want to see some viewpoints on such a vital topic