Ideally you would put only one persons name on the mortgage unless you absolutely had to have both to qualify.  

Personally, I find BTRs to be more predictable with fewer ongoing maintenance issues, and they tend to attract high-quality tenants.

Attend in person, bid, if you win you have to pay right then via a cashiers check.

It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.

I am really interested in meeting any in-person groups in Boston (now-May) and Chicago (September-Onwards).

Personally, I self manage but have built systems to allow it to be fully remote and very passive.

Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

@Richard Rafferty, given the relatively small nature you are looking to take on with your first syndication, personally, I would find it hard justify the typically 20-30k+ for a paid mentor. 

For mobile homes, it often depends on whether the property is considered real estate (attached to land) or personal property (if it’s not).