If you are interested in partnerships and syndication I would recommend checking out Gene Trowbridge.

I have NY investors in one of my deals and I had to send the state securities bureau notification that I was raising funds and I also had to send them a nice fat check as well.

I believe it's a great option as I don't have a tech savvy gene in my body and I was able to build my own.

Because the US dollar is nothing but a big fat IOU from what is always touted as the strongest, "flush with cash and opportunity" country on the planet, we as Americans continue to go on with our lives investing in the same asset class (equities) and continue doing what we always did because we are satisfied getting what we've always gotten and frankly we are brainwashed and programmed to believe if we continue to invest in American companies, we will continue a 8-9 percent year over year return.

Thanks for the link Gene

Gene listed some good examples of holding costs and you need to be able to estimate these just as you need to estimate rehab costs.

I've long thought the appraisers and title companies have done a great job at forcing costs and procedures to exist so that their existence and ability to charge fat fees could remain forever.

For example - someone's need to sell the house immediately creates a value gap in which they will sell for below-market rates to the first person who comes along and waves a fat wad of cash in front of them, regardless of whather or not that amount of cash is what they could get for the house if they marketed it normally.

@Gene Hacker.

I am now soon within the next year saving to buy another large apt building around 50 unit+ This time around depending on what deals present themselves that have fat equity.