Make sure the cash flow is secure with high quality tenants.Eliminate all personal debts.Secure your personal income streams (work / education / skill development) for yourself and your family.Leave yourself a cash emergency fund that can cover a year's worth of all personal and real estate expenses.These first few properties should be completely paid off.

This could be one I keep for the long haul, or in maybe 5 years sell and take the equity and appreciation and use that towards a duplex or multi family.For a little more background about me, most of my dollars are tied up in my IRAs (probably about 5 times my current income) and I dont have a lot of 'liquid cash' after accounting for personal emergency funds etc...

Be sure to build up a decent nest egg for emergency repairs like new roof, or furnace failure, six months vacancy, etc.

Circuit breakers and the emergency switch sometimes end up in the off position (also possible for systems with a pilot flame).

During that time learn how to find and buy properties sub2 so minimal cash is needed except for an emergency fund.

As for investing in real estate, I would make sure you have no debt and 20% to put down, plus an emergency fund in case the walls decide to cave in.

"Institutional Crowdfunding" is buzz term that is emerging from folks trying to push crowd funding.

I'm finding that I'm coming up short on the down payment because most of my reserves I planned on using to put down for the downpayment- leaving me with 3 month's worth of "emergency funds" whereas the bank wants to see 6 month's worth.

My own money and the cash flow I get from the triplexes can be used if I really need it, for an emergency.

Simple, he is 74 years old, he already has a house in Mexico, the cost of living is very low there, and most importantly, he is a great father.)My questions areWhat can I do to have my name on the deed itself, in case of emergency?