@Jaycee Greene Yeah it is easy for one to get discouraged when buying this type of project but I must say they are decent when trying to start low and build capital, that way you dont have to deal with **** properties or mediocre neighborhoods again. 

Who is inspecting each deal before they offer/buy?

There is another house about two blocks over that I have the opportunity to buy off market under market value.

Quote from @John Friendas: There's a house I'm considering buying with a business partner as an investment rental.

@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If you are trying to raise a few hundred thousand to buy another 4-6 unit property, while I would not invest in someone with less than a year experience, I am guessing some of your pilot friends, other friends, or family members may be willing to chip in.Now, if you want to jump from a triplex to 80 units, raising 4-5mm of equity and another 4-5mm in debt, than I would just manage your expectations. 

Why would someone buy now and make little money for the chance that the rates will adjust later?

So, many people choose to operate in their own personal name but buy an additional umbrella policy to protect themselves from liability.

This will be reason #6272 of why I won’t buy in NJ 

Quote from @Rachel Vann: Investment Info:Other buy & hold investment.