At the end of the day, the backbone of every business is pretty much the same: you need a strong, committed team.

You need to either, hire a competent property manager or GROW a BACKBØNE and manage your properties.  

Skills or qualities in no particular order: Communication, patience, empathy, listening ear, backbone, resilience, determination, organization, work ethic, lead a team, thick skin, time management, trusts their instinct, and all-around good ethics! 

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

People like @Jay Hinrichs are the backbone of the forums.I think I am just personally bored with the forums so will interact differently with them.

For ERISA 401k plans (non-Solo plans), the TPA industry is more substantive - many thousands of times over - than for Solo 401k plans The backbone of a 401k plan is a compliant plan document.

Payment Terms & Renovation LoansA financial agreement is the backbone of any contract.

Hospitality can be assisted by automation, but the backbone of the hospitality industry is personal touch.

Yes, 401(k) plans, IRAs, SEP-IRAs and all other kinds of retirement plans are still the backbone of your wealth accumulation, especially if they are self-directed.

By tapping into my network and refining my negotiation skills, I opened up a world of possibilities—opportunities to grow my portfolio faster and smarter.Off-market deals have become the backbone of my real estate strategy, allowing me to grow my portfolio faster with less stress.