Nevertheless, I think if more people are talking about it, we can all work together to protect each other from any nefarious operations in our industry.

If you're an experienced real estate investor living in or around Springfield, IL, I'm looking for someone to provide advice and constructive criticism of my ideas, plans, research, and goals with.

Being so forward-thinking and having already dipped your toes into real estate is amazing.

I'm thinking I should send a written warning of the smoking and guest violation and, if they continue to violate, I can send another warning or move straight to 3 day notice at that point.

Most people think Commercial is too hard and too expensive. 

How do you think about this financing arrangement in terms of determining equity? 

I have yet to see that the concept of GP - LP alignment exists at all, nor has anyone ever produced evidence (that I’ve seen) that co-invest, or anything else for that matter, has aligned interests, produced better results, or led to better decisions.I think if investors can come to terms with that, and make their investment decision based on facts that actually matter, they might avoid more trouble.  

A 4-plex will require more management and upkeep compared to a duplex.Future Goals: Think about your long-term investment goals.

A 30 min drive was kind of what I was thinking as well.

I created a free guide for beginning real estate investors with an overview of the critical considerations for starting out.