Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

Feeling spewing! 

While I didn't like feeling I was in Time Square on the Canadian side of Niagara Falls, the New York side felt completely dead. 

Always happy to connect and share insights—feel free to reach out if you want to collaborate or discuss deals!

Developing strong financial and business acumen is also crucial for success as an investor, so that’s another area where you could focus your efforts if getting a license doesn’t align with your plans.I’m here as a resource—feel free to reach out if there’s anything I can do to help!

And if it were set up where everything went through a title company so the buyer pays the title company, they manage the buyer's loan (from me), and the title company ensures my mortgage is paid without my direct involvement... what parts of the transaction would feel risky or not worth the headache to you? 

Make sure the previous property management company did their job and communicated a change in management prior to you taking over--along with your contact information.If they have no done this, they should so the tenant doesn't feel like a scam may be going on.Just make sure they're away of where rent payments need to go and who they can contact in the future. 

It feels like a bit of a catch-22 situation where the skills are needed before getting the job.

Keep learning, stay focused, and don't hesitate to reach out if you have more questions or need further guidance.Good luck on your real estate investing journey If you have any more questions or need specific advice, feel free to ask.

I’m feeling both scared and excited about taking on this challenge.I’d love to hear about your experiences and any advice you can share.Thank you in advance!