Having your ideas down on paper is never a bad thing, but most real estate investors you'll be working with will be aware of what the ideas in your head are and will be more concerned with your realistic concepts of cash flow and profitability.3.) 

Maybe even find a way to incentivize them to follow the checklist...there are probably lots of ways you could incentivize them, but one way might be to pay the cleaners a bonus every time the property has a certain number of positive reviews (and remind them that broken furniture/stained carpet etc. will lead guests to leave negative reviews, which will mean no bonus).Good luck out there!

I'm still confused by how learning local real estate law, contracts, customs, etc can be considered a negative before embarking in...well...real estate?

I know (hope) you are not planning on living in the home, but the concept is the same.

I'm not trying to be negative but I am trying to show the opposite side of the investors that think walking away on a regular basis is acceptable.  

I'll start by saying that I am fairly new to understanding the terms and concepts, so I'm eager for feedback. 

They divided our large 1920's open concept room, with huge windows, into a maze of offices complete with steel doors, false ceilings & no windows.

I guess I'll be the first to throw out a negative. :)As I posted in another thread, it seems that most insurers in Florida exclude damage caused by PEX plumbing in their policies.

Right now he is negatively cash flowing so the prospects of him still having a stake AND positively cash flowing should be attractive.  

I feel like I have a solid understand of the REI concepts and fundamentals, I felt like practicing on comps was the next logical step to take, should I be doing something else or am I on the right path?