What should we prepare for in terms of IP before talking to an investor?

It is important to put yourself in the investors shoes and the question you need to ask yourself is 'if I was an investor then what regarding IP do I need to know from this start-up?'
You would come to further questions like
1. Is there an IP strategy which is focussing on all IP rights (patents, TM, Copyrights, Design Patents, Trade secrets)
2. Has the start-up prepared a concise IP Due diligence report (this would provide a quick summary of existing IP)
3. Does the start-up have a IP plan for the future with regard to specific IP rights if any existing already (i.e. patent already filed in US, we see a market in China, hence we would need to file the patent in China)
4. Most importantly, does the start-up expect the VC to pay for future costs for protecting and enforcing IP, if yes what would be the costs involved?