Congratulations on your recent investment.Moving new residents is a perfect opportunity to form rapport and set the stage for how your landlord/tenant relationship will proceed.We love to meet them at the property on or before move-in day to go over a couple critical items:We walk the home together and address any existing cosmetic issues and any open maintenance items.

If you want to succeed in RE investing, getting this experience will be critical!

Good for you - careful financial analysis of each deal is critical.

It's really critical that you work with someone who understands investing and the strategies you're trying to deploy.

The situation is particularly critical as the Upper Peninsula has upcoming projects, such as the opening of Copper Peak, set to boost tourism, and the launch of copper mines.

Having a policy on how often housemates can have guests is also very important (since guests tend to be a source of noise and messes).CRITICALLY IMPORTANT: Parking.

This is why it is first and foremost critical to understand the costs of owning a note.Things like legal fees, servicing, and insurance are all getting more expensive.

Above all else timing is critical.

When you are building a legacy to pass down to your kids and grandkids, asset classes that take multiple forms is critical to longevity.If you were a long-term investor of Blockbuster stock at one time you would have felt like this would last forever but stick to the fundamentals and invest in tried and true methods for the long run.

Add $800 for paint, floor covering and essentials plus my laborer for 2 days and my total cost was about $1400.I painted the 30 1200 to 2700 sq ft homes in Las Vegas with two helpers including ceilings and it never took more than two days to paint a house and that included removing all the electric wall plates, dropping ceiling light fixtures, removing smoke detectors, cleaning windows, installing new blinds, cleaning bathroom fixtures and it never took the 3 of us more than 2 days because I am good at knowing how to get the most from my workers like a Lakers coach knows which players to put on the court because the cost to do a paint job is not as critical as the time it takes because when I go to Las Vegas to manage a job I have to leave Los Angeles and my 20+ employees without my micro-management and "When The Cat Is Away The Mouse Will Play" if you know what I mean.I am a very difficult person to work for because I am 71-years old, a workaholic, a fast worker and when young workers are slow I fire them within minutes when they are working because I don't like to have to waste my time and stop the work I am doing to constantly check on my workers and I don't like to get emotional and have to keep correcting workers when they work sloppy and slow.