You're really just throwing a number into a spreadsheet to give you a better idea of the income/expense in aggregate.

For instance if you have lots of contractor connections, can throw numbers together on rehab costs fairly quickly, know ARV values nearly the moment you see something hit the market because you watch it so closely you would be ideal for any flipper!

If you are asking an agent to run a lot of comps for you, you should throw them some cash to keep them incentivized.  

Now I'm sure that my first mortgage from 20 years ago which has long since been paid can be canned, but I just closed on two properties last month which is only adding to the pile.Specifically, what documents do other folks hang on to and what do you throw away instantly when purchasing or financing a property? 

(I'm making some assumptions based on your numbers.)You really need to have payoffs for the 1st and 2nd to understand what the debt is on the property and then throw the liens on top of that.

It combines them in camera, throwing out the over and under exposed parts.  

I'm not in any "rush" to just get something since real estate investing is still very new to me, but I don't want to just wait when I could potentially start sooner.To throw some numbers out there to make things more tangible, let's say next year I get a single-family home or small duplex investment property for $150,000 with 20% down on a standard mortgage and I make the payments every month with no issues. 

I can throw it in storage but I don't know who to allow to claim it.  

3) please throw any golden nuggets out there I may not be thinking or aware of.

I'll throw in all my embroidered FR shirts.