To be clear this is not about investment performance, but about the processes and practices that shape the LP experience.Salesman are taught to STOP talking the minute the sale is made.  

When you are starting off, do a couple brrrr deals to get practice then switch the to the flipping model.

If it is addressed, hold them accountable and set a expectation on moving forward.Yes, the background check, eviction and credit history, is normal practice for tenant screenings (after an application is accepted).

It means the property is safe, functional, durable, and able to pass inspection without delays.Here’s what rent-ready actually means in practice:1.

In practice, a reputable cost segregation firm can usually advise whether the potential increase in depreciable basis justifies the additional cost of obtaining an appraisal.

Second is the security deposit dispute with the tenant.From a practical standpoint, the cost of litigation will almost certainly exceed the cost of resolving either issue "favorably", so that should be the starting point for the analysis.In my own rentals, I rarely encounter damage beyond ordinary wear and tear, and even when there is some damage, unless it is fairly extreme, I generally do not withhold security deposit funds.

All three give good advice and some practical thinking. 

Quote from @Dennis Bamford: The Verification Workflow: A Practical ChecklistI've been looking into syndications gone wrong and feel that it's a lack of education of the investor. 

Hi Joel,The house‑hack setup with your son on the loan usually lines up better with both financing and practical goals than treating this as a pure investment property while they’re in school.Compared to the alternative, house hacking means (1) cheaper financing, so you can keep more cash for reserves, repairs, etc. (2) future exit option of converting the property to a full rental.

We’re trying to be thoughtful with this first step and balance the numbers with practicality, and your insights definitely help shape how we’re thinking about it.