This purchase exemplifies the commit and then figure it out philosophy.

This idea of diversification is a very tricky philosophy to me. 

The “buyer beware” philosophy is fine for commercial transactions, but taking “advantage” of home owners when they’re most vulnerable and lack market sophistication is something no right thinking person wants.  

So I am not sure I agree 100% on the purchase philosophy @Alex Scattareggia.

We have always had the philosophy to do the right thing. 

Our philosophy is that when we create shared success, we all grow together.

My core investing philosophy is pretty simple, and has done very well across almost two decades and numerous cities:1) Invest in cities with population (and job) growth2) Invest in parts of the city where household income is near the median (or slightly below)3) Invest in properties that provide cash flow from day 1 Thank you for sharing that. 

Hiring a lawyer sounds expensive, but it is way cheaper than hiring a amateur (in this case yourself) who costs you money and provides no results (and then you need to hire a professional anyway).My personal philosophy is to "do it right, or do it twice" and its way cheaper to do it right once. 

Love your business philosophy!

This owner has been self-managing for several years and thinks we should abide by their personal philosophy and processes when it comes to managing their property.