Also along with this, the costs of selling are high, so it is not a investment vehicle that lends itself to repositioning quickly or frequently.

A non-profit is the right vehicle.

I have a business partner who will contribute passion and knowledge of the process, but no finances, so we'd love to find another investor looking to work together, (especially another woman as we've kind of conceptualized this as a women's investment vehicle) to supplement the cash I'll have for the deal.

Source documents are underlying documents that show the origination of a transaction, your gas pump receipt is a source document in showing you fuel expenses, a shipping invoice will show when an item was shipped and perhaps received, a parking ticket could show that at a certain time your vehicle was at some location, they are documents that can justify a claim being made.The closing agent can clearly show that there were no contractual obligations or other agreements made that would be applicable to that transaction.It depends on your settlement instructions, is there some disclosure or declaration made that no other property other than real property is involved, anything as to no other credits, allowances or other financial arrangements have been made or are expected to be after settlement?

At some level are you just trading one income vehicle for another with the added bonus that you get the asset back (albeit there is a risk if the property gets trashed due to bad management) if the lender flakes out (and of course the hassle of calling the note).Hopefully some of the experienced private money lenders will jump in on this one, as it is a fantastic question.

History has shown that real estate has been a major vehicle for building wealth throughout time.

If the person you just bailed out of jail does not appear in court then the bondsman can and will take your home, vehicle or any other collateral that you have pledged.

Transfer to real estate full time or stay in your profession and use real estate as a retirement vehicle??

I suggest you get a vehicle made for the trip.

Right away, I know it's another investor, and I'm starting to feel small as I know his vehicle costs around $90K, which is more than I'd make in like 7 years at my current job.So the guy gets out and me and my Realtor are talking and then he walks up to us and I tell him, "hi!"