But for vanilla every day deals we look at short.. now this is deciding if we are going to loan on it or not..

After finishing the first episode I jumped on here and decided to find and read your posts.Utah is expensive, I've attended a couple of networking events and attempted to ask questions on Facebook forms, people from a popular group called Renatus continue reaching out to me wanting me to pay for a $27k learning program.I read read Rich Dad Poor Dad and Cashflow Quadrant so far.I am puzzled at how people are finding the deals to begin with and discouraged already that I don't know how to build the skills and where to start to get into this network of investing.Any light that can be shed and tips or guidance would be much appreciated.As a beginner, the only value I would be able to provide to anyone is finding deals, the notice of default list here in my county on a monthly basis is the only thing I've attempted and my yellow letters have never gotten any response.I am willing to help provide value however I can as a beginner.

Profit split is good done a lot of those but can get dicy when trying to figure out basis..

Normally we have paid ahead the March payment coming due, back into the prior year for tax purposes, since we and probably you are Cash Basis. 

You could use some of the rent collected in the duplex to increase your income basis.

We have one other rental that leases out on a yearly basis and that goes well too.

I get emails everyday and calls from lenders ready to fund next deal.

Tell them straight up that there is no basis for their request; houses that has been used as meth labs have specific characteristics that this one never has and cannot be rented until after thousands of dollars in testing ($5k to $50K) and a total gut of the interior is completed. 

Just look at the news every day, insurance cost is definitely going to continue to go up there.

These are single family homes that are worth anywhere from $500k-$1.25M, rented on a long term basis to renters that are paying a lot of money so there is a standard of care that I'm expecting for myself and renters-- over what I would expect from a 1 bed / 1 bath renting for $750/month (no dig to anyone who owns these, in fact I wish I had more of these).