My biggest fear is finishing step #1, and then failing on step #2 due to some random rule I am not aware of, and having sacrificed two garages for an addition, with no possibility for an ADU.Appreciate any insights or perspectives.

I have a random questions that I want to make sure I am doing the right things throughout the year in regards to my llcs.

We are willing to split the down payment and go equal 50/50, but the thing is he has the income, and I have a few dollars saved up from random things.

The class is actually more useful for investors than realtors in my opinion because you learn about a lot of what-if scenarios that come up much more when you are buying random properties.

First, you need to know your market inside and out vs. just randomly throwing out numbers.  80% of asking price could in fact be fair market value. 

Buyer's agent works their tail off to find a buyer their dream house, seller's agent runs people in and our of seller's house, seller wants to sell, lender works their tail off to get the loan done - and then it goes to the desk of a randomly generated 3rd party whose opinion makes or breaks the deal.

I was also told by random friends and family that I should write off my electricity bills and water bills but I feel like I'm getting bad advice there?

You can only build a balanced and solid portfolio over time by treating each deal like it needs to be a good one and never looking at it as another checkmark on the way to some random number of units.

Regarding a liability waiver, this is likely to be baked into most leases in one way or another, but it may not be the tenant suing you, it could be a guest, a visitor, a contractor (one HUGE reason to make sure you are only using licensed and insured contractors on your rental properties), or some random stranger - it's not feasible to have them sign waivers. 

So I'm finally getting my first rental property this week and I have a few random questions that I was hoping to get some help with. 1.