Particularly if you go the JV route, that is where Will's comments about thorough agreements are necessary.  

Brian Doyle the seller has told me the current rent and what it could/should be (proforma) and I plan to check all the leases as thoroughly as possible to confirm.

@David de Luna I would tell you that you dont have to have a formal home inspector come in and check out the property but it is often a good idea to have someone that you TRUST, who is also knowledgeable about the topic to get in there and give it the thorough look over.

Is there a 3rd party site that has most information needed to research a property in detail or is it necessary to visit the courthouse for a thorough title search?

David Millard has done all of mine and does a thorough job 

If people can add to this so that we can compile a thorough list that would be extremely helpful.Thank you

As i am educating myself with the process, terminology and working ways of MF investing, I am curious to hear from the experts on "What is the skill that's really valuable in MF investing space" - Is it the underwriting as a whole, Or any metric in particular, Having a thorough understanding of demographics, being good at analyzing financial data, Having a good eye / understanding of repairs & maintenance, thorough understanding of zoning and other regulations...etcI am thinking of mastering one of these in demand skills and offer it to the GP's to get an opportunity to be part of initial deals.

Primary duty is actually Financial...collecting maintenance fees, paying vendors, processing collections, and accounting for every penny clearly and thoroughly using industry Best Practices.As a Board Member yourself, you should quickly learn about your Fiduciary Duty, the Business Judgment Rule, and get a feel for your Governing Docs to see how your particular project is supposed to be run.

Do thorough due diligence during your inspection period.

In the past six months, I have been occupied reading books, listening to podcasts, and watching YouTube videos to gain a thorough understanding of real estate basics and specific terms.Recently, I attended my first local investing meetup, and this evening I'll be joining The Real Estate Investor Meetup at The Garden Restaurant in Halifax.