I've done a fair bit over the years — student, BTR, co-living, commercial — and most down valuations I see were avoidable. I've done a fair bit over the years — student, BTR, co-living, commercial — and most down valuations I see were avoidable. Most people assess a deal in the wrong order. They fall for the asset first and check whether it works second.I look back at that deal and I see every mistake I didn't know I was making, and I see the one thing I got right, which was refusing to walk away.A strong deal is paying you from several of these at once: income while you hold, debt being paid down, value you've forced, a margin from buying right, capital pulled back out to go again, and the tax handled properly.The cheapest advice you'll ever buy is the advice you get first.