While I have a general understanding of what it takes to set up a fund, I’d love to tap into the collective wisdom here.

I would like to do some research on other rental properties before I set my priceComputer algorithms are good for studying a general market, maybe even a neighborhood, but they are terrible for evaluating a specific rental.

@Casey Graham 1) Your #1 goal with tenants is consistently, smooth cashflow.

His goal is to get as much out of the property as possible and give me an opportunity to do my first fix and flip.

Then I'd start by saving up, so you can buy your own house and rent out rooms in the house (or buy a place with a suite).Talk to your parents about what their goals are with the properties, what they like and what they don't like.

I’m not convinced it makes a real difference unless a person has a unique setting.

Wholesale, foreclosure, and seller financing can work too, but I’ve noticed that careful analysis and having reliable local contacts often deliver the best results over time.So as you two gear up for your first flip, how are you balancing the potential risk with your long-term goal of buying rentals?

I’d love to hear more about your goals and explore how we might collaborate to work together.

This ensures you focus your time and resources on deals that align with your goals.

Our goal is to snowball our efforts and scale quickly over the next few years.I’ve read a few books on real estate investing, and I’ve heard great things about BiggerPockets as a resource and community for learning and networking.