Myself personally I'm invested in Buffalo and NYC, but that's because it made sense for *me*. 

@Ryan Raven most states don't care if you screw up the management of real estate you own personally.The government does have a problem with an unlicensed person/company screwing up the management of properties they do not own.

One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married. 

@Tanner Davis If you want to pursue either a fix/flip or BRRRR strategy, it sounds like you might need to find a partner/investor that knows you well and believes enough in you as a person to invest money in a project. 

Can you send me a link and/explain from either personal experience or an example of when you seen that happen.  

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

Personally, I'm waiting for the lawsuit by a seller against his own broker for refusing to vet a potential buyer and then show to a qualified buyer.

While you are at it, put the next person on MTM to create some equity in the contract when you have problem in the future.

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

I spoke with the one I suspected forgetting to turn off the stove but the person did not confirm.