Anyways I told him I am not interested in the offer he came back with and would like to test the waters with him for a 50/50 jv deal where he doesn't have any fees. 

We did a radon test during home inspection and got a result of 3.9 right under the 4.0 recommended limit at which you should act.  

Hello BP Community!  I took a brief hiatus from my investing in order prepare for my wedding coming up in a month.  Everything is finally in order and now I want to run at least 1 campaign before the big day to get th...

Make sure you throughly test your DB, to make sure it is exactly what you wanted. 

And that is why I went over there just to test myself and see how I would do as far as talking to people on how I can help them in their situation, I would have liked to be with a professional and see how they do it but I am not the type to pay thousands for mentoring and I know the only way I will learn is by practicing and getting out there I appreciate your feedback Carlton, maybe if your open to it we could meet and if you have any pointers you would be willing to give that would be great.

I had read that you only got access to that for three days and if you ran a mock test to try to understand it better so you could make very informed decisions they told me that mock test would count as one of my three. 

I have a strategy I was going to test but wanted to get your opinion first.

While the property may not still return 20% cash on cash, it would not be losing money on a monthly cash flow basis (hopefully..)But I think that is lazy and irresponsible, especially if you own anything more than a property or two.So I generally try to run what if scenarios on each property and then subsequently run what ifs on my larger portfolio to make sure that the portfolio can weather any economic storm that may come through.I have only been in RE for a few years and didn't gain the experience from 2008 so my question to the group is what scenarios do you test or have you encountered? 

I felt very prepared for the licensing test.

You mention not wanting to "feed the lawyers"- let's talk about the dietary requirements of the legal system.