What is stopping you from simply getting a mortgage and doing it the safest way to protect you and any issues that might arise. 

The success in RE sales lies in doing the little things each day and knowing how to close when opportunity arises.

Ensure you have a clear understanding of the repair costs and any hidden expenses that might arise.### Market AnalysisPerform a comparative market analysis to understand the local real estate market.

Since I'm really busy with my job, I've been strongly considering paying off each one aggressively, which would increase cash flow by 2k which would be similar to owning another 5 units, but without the headache of 5 more tenants and the issues that inevitably arise with owning more properties. 

My contractor and I have a trusting relationship and I have a lot of construction experience so it works very well for me to get the materials and for him to only have to worry about labor.I understand the potential problems that could arise that you are presenting and I think it is great that you have shared them so that people are aware.

One individual needs to make the final decisions.Dispute Resolution: Define and agree on a method for resolving disputes that may arise, such as mediation or arbitration, to avoid litigation.Change in Marital Status: What happens to the ownership if a party gets married or divorced?

It’s also commonly referred to as an Alter Ego in legal jargon and often times actually complicates litigation if a claim arises.

You see problems as they arise.4.

An insurance broker explained this to me in the past as the law of  large numbers which suggests if a a carrier has significant enough exposure in a market the probability of claims arising will be more consistent with probabilities calculated in their underwriting than a when a smaller sample size were to exist.

What helped me the most was getting clear on your real estate goals and being flexible about those goals, as new opportunities will arise to build your wealth through real estate.