I learned a new language while trying to install this thing. There are absolutely NONE (zero) tips which would make your life easier. I will start with the this:
(1) it is VERY heavy, the board and hardware are quite sturdy. Having said that, if you are an elderly or disabled person, You are going to find that putting it down and lifting it back up is quite difficult because of the weight of the board. It is very challenging for one person to install, because you have to screw in the screws that hold the hinges while holding on to the screws and getting them centered.
(2) I found it very difficult to install this thing flush to the wall. Even though I allowed 1/2 inch leeway, as listed in the directions, if folds down but not all the way. It still looks like it is sitting at a slight angle when the board is full folded. It appears to hit some kind of resistance, but for the life of me, I can't figure out why it is doing this.
(3) You may wish to consider what kind of clearance you're going to need when the thing is centered on your studs. Be sure to keep it away from a door opening for example.
(4) because of the necessary stud location, the spring "buttons" that you have to depress on the hinges are located in kind of an odd place under the board (it would be so much better if they were within finger reach of the edges) but they're not. Makes it awkward to raise and lower the board.
Given everything I know now, I would not buy this item. Too much trouble to install, installation is not as good as I would have liked. It will work, but I'm not too happy about it.