On the financial side, doing bookkeeping monthly is crucial to make sure I don't miss any expenses. 

Whether you use spreadsheets or software, organization is key to profitability.Delaying communicationWhen tenants reach out, quick responses build trust and reduce turnover.

I easily keep everything organized in excel without having to pay over $1000 per year for QuickBooks.I have one business bank account (for Non-IRA owned properties) but everything is categorized per property in Excel.My CPA says every year I am one of his most organized clients.

If you're a buying an occupied building, doing due diligence on the tenants is crucial so you know what you're getting yourself into.

My main goal is to live in the property for a few years and then convert it into a long-term rental, which makes my choice of property type crucial: should I focus on a single-family house outside the city, a smaller home within the city limits, or a condo?

Always keeping up on reducing the amount of risk is crucial in investing.

Right from the start, I knew that building a solid team and keeping them motivated was crucial.

It is crucial to consider various factors to ensure accurate projections.These factors include the total loan amount, interest rate, whether the rate will be fixed or floating over the loan term, the amortization period, the loan term, and the availability of interest-only periods or future funding.

Protecting their investments & ensuring to always pay back these lenders is crucial to stay in business & not over leverage yourseld to "force" any deals or keep up with the joneses.

With over half a decade of working for mid-sized accounting organizations specializing in financial reporting, budget/forecasting, and compliance.