Last Garrett Sutton's Loopholes of Real Estate (Rich Dad Advisor)  was critical too to take advantage of all the benefits the government affords us as RE investors.Happy and Prosperous 2017 to all of you!!

I will have to be critical on my due diligence and negotiate on everything.

a lot of what makes a successful venture into the rental business is PM long term.this is critical.. most markets are interchangeable frankly when it comes to cash flow.although I really like some of the little niche markets in Indy right now.you can buy cash flow turn key home and on the same block you will find 3 pop top rehabs going and a few infill new constructions... this is in my mind were you want to be.. you have an exit when homes on the block your buying a 100k turn key home for are being remolded and selling for 250 to 350k.. that I like personally. 

Also please don't hold back on any criticism, I'm here to learn and my feelings won't be hurt if I'm told my thinking is way off base.  

So I believe it's critical to have a place clean and it's worth paying someone well to do it right.We recently stopped doing the cleaning ourselves and now pay $100 per clean for our 1 bedroom 1 bath 639 sq ft condo on Maui.  

LOLI had my title company do a excel spread sheet for me they updated daily.Every NOD in our 3 county area was put on that... then they would put the critical infodate of salefirst or second or what have youIRS  yes or knowany other liens the amount and who too.so we just popped that open daily and ran with it... then we created our own bidding data base which Elody ran.. so I would get e mail from here the night before  OK be at Washington county for a 10am its number 20 on the list... opening bid 220k...

This is of great interest to me as I hope to use the BRRRR approach, and I know the refinance is critical here, making the appraisal critical. 

You will also find members who leverage early in their investing and pay down debt as they reach critical mass or near retirement.  

#'s 2 through 5 are the most critical. #2 should spell out exactly what they will be doing on the job, including all the materials, with the names, brands, model numbers, and anything else that's of importance on the job.

When you are talking about high-dollar investments, like commercial level, i.e. an investor is going to be putting down a mega chunk of change, that 30% off the top may be critical to offer in order to convince anyone to buy in.