Quote from @Henry T.: Built in 1900?

The best way to set them up is to commit a set amount of money for a certain number of years (at least 5).

t unless you have a house to sell or you want to buy one they are selling. 

Always try to run the numbers side by side with the two scenarios (as is, vs. the cash-out refi + new property) and look at the bottom line of each - typically the best way to do it.Also - any reason why you are committed to someone "local"?

IF you are going to use a PM, vet them and understand you should be committing to them to MANAGE the entire process, not just find a tenant....

I'm sure once one gets into a new geographical area and builds the team then it can work but that in itself takes a ton of commitment.

It's disappointing to hear that this wasn’t reflected in your interaction.Sales Approach: We aim to offer transparent information and value upfront before discussing any financial commitments.

@T.

But I get it if you can invest 500.00 U certainly cant buy whole notes or secured positions with such a small amount. becomes a personal decisions make 7.5% with risk of losing it all or buy T bills for about 5% with zero risk.. its up to the individual investors.

Hi @Erwin Groenendijk: I haven´t yet done my first deal, but I do have family and friends that have and also potential cash partners I have talked to about it.