Where are you looking to invest?

You spend a lot of time and money having people do this work, and at the end of the day you don't net any more income compared to a long term rental.

I don’t make any money whatever he chooses to do.

How did you handle tax prep when you first started investing, especially with a plan to scale over time?

Do you invest locally in Tampa Bay or out of state? 

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.You need to get a firm grasp on two things: the ways to make money with real estate, and how to find deals that match your goals.P.S.

Unfortunately, this is common in the area because people often cut corners legally to save money, leading to more clouded titles than there should be.

Hi @Chris EhrhartThere are two prices in a negotiation, one is the offer counting multiple factors, mainly Cap rate and visible repairs when is a investment property.The other one is when you do an inspection.You listed 5 items here so I'll comment on each one:- Electric panels, this is likely to be found during inspection.

I’m invested in the Dayton market too, 2 4units in Kettering, and located in Cincinnati.

[Click the image to see full size.]Real estate investing is for achieving financial independence.