What newbies don't understand is that the $500k appreciates 5% NOT the $100k down payment. 5% of $500k = $25k annually on your $100k invested dollars.We haven't even talked about the tax benefits, debt pay down, monthly cash flow, and it being a physical asset that will always be in demand. 

If it's a golden piece of real estate like you said it is and you guys are all motivated, mentally and physically capable, I would keep this golden goose egg all to yourself. 

This means that not only does the animal need to typically be restrained (usually with a leash), but it also means the animal must physically be present at all (or virtually all) times. 

Are there any ways to find out the mortgage balances on a property, other than physically going to the courthouse?

I have physical proof that states otherwise Travis. 

@Justin Goodin No body cares enough to come inspect physical copies of your partnership agreements and you know that.

Create a thorough marketing plan that incorporates internet platforms, listing descriptions, and expert imagery to draw in visitors.

Since the Appraiser will physically measure the house it's doubtful they are wrong...but it's possible.But the bottom line is - do you love the house?

Ususally they will carry workmans compensation if they have employees and general liability which only protects against property damage and physical injury.

Digitize physical receipts for easy storage.Additionally, you can track income and expenses consistently, using software or spreadsheets.I use QuickBooks Online for most of my clients.