Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.

Consider bringing in an experienced property manager, contractor, or mentor to guide you through the process.

All it does is it aggregates information available on the Internet plus data fed into it by its "trainers."

Achieving a great cashflowing property, learning the process while executing, and great satisfaction of helping a family.

It's an awesome way to jump into RE yes its scary at first but as long as you have a criteria going in it eases some of the emotions during the process my biggest thing was lower my cost or keeping it the same.

I’m in the process of managing 18 units and have a full-time job.

We want to detail the responsibilities, capital contributions, profit and lost sharing percentages, decision-making process, have dispute resolution methods, and exist strategies.

I will likely follow what you outlined above, but won't open my calendar right away to allow time for the permitting process.

All funds process through various channels but the PMS (with trust accounting which is very important) keep track of all the funds and then we disburse monthly to the owner. 

And that data will come from MLS Avaliable lots etc etc..