Scott,The issue is not fear, the issue is control.

Also, the state of delaware states that any owner of a residential property housing 3 or more dogs must have a kennel license, which I am sure they do not have.

The spotter is both able to be compensated based on the deal going forward (skin in the game) while at the same time the investor has control of the negotiations and the deal mechanics.Note that user English case law (used in 49 states) there is the principal that is something walks like a duck, talks like a duck it is a duck.

This is the guideline I use to assist my clients in determining NOI: Vacancy Factor (5%)Offsite Management Advertising Administrative (G&A) Insurance Legal and Professional On-site Management Interior Cleaning and Maintenance General Repairs and Maintenance Exterior Cleaning and Maintainance (gardening, pool, pest control, etc.)

Some books I enjoyed include "The unofficial guide to real estate investing" (Kind of dry though) real estate riches by dolf de roos, and the ABC's of RE investing by ken mcelroyI have an audio CD thing from Robert Shemin which in my opinion is absolutely fantastic - especially with negotiation skills.

Company A Inc. pays me (company B, sole-proprietor LLC) a commission for everything that companies B,C,D,E,F sell (all sole-proprietor LLC's).2.)

Real estate is a long term game and you haven't "lost" 89k...you only win or lose when you decide to sell which, thanks to a lack of price controls imposed by the government, is any time you'd like!

Every deal is different...I have had a pretty bad one myself.I will stick with landlording, light rehabs and a few REITs to keep my RE invesment portfolio empire going...I enjoy collecting checks every month and being in complete control of all my property without question from any "partners".

I think for a lot of folks who have had less than desirable results with the "Rich Dad Training" sessions that it's more a quality control issue.

You have no control over single-family home appreciation, but you can create value in a true income property by enhancing its income stream.