Hi Folks,Question for all the keyboard accountant types. 

Quote from @Bruce Woodruff: @John Underwood ^^^ bamboo cutting boards.

What goes around comes around.I never do cash for keys.

Cash for keys is a terrible practice.

Because I have landlord locks, they can keep the keys but will be charged for the new keys and the time to get the new keys (the labor to get the keys).  

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

Daily 3/4 minutes of elbow grease on the keyboard.

Some contractors are very convincing when explaining why their shortcut is “the right way” to do something.

Due diligence, in general, is the key to smart investing, and this is especially true with regards to HOA-associated investing.

It will definitely shortcut your learning curve by years and leverage relations with brokers.