worth it for $100??

[Douglass Belt]

my friend and I are thinking of partnering up on buying a turnkey sfh. After all expenses,  taxes, cap ex, pm, etc. the deals we are seeing would be cash flowing around 200-300/month. Split 50/50 would be about $100-150 each. do you think it is worth it? We are planning on long term buy and hold for 20+ years. Any advice, feedback or experience is appreciated. 

[Ramon Jenkins]

It is a lot easier to work as team versus one man show.

Both parties should know upfront that some investments would 

be as team and others solely real estate purchases.  Make sure you 

have an attorney service create documents on how to precede with 

buy hold purchases. You must prepare for anyone wanting out 

of the partnership, divorces, other unfortunately death.