But I don't think it's fair to me to do a 50/50 split for someone to essentially right a check then the other party do 100% of the work and cover the working costs.

Saving for the down payment is essential, and looking into various financing options like FHA loans or conventional loans can be beneficial.

I’ve tried eating 1x a day for 1 year (Not healthy for me) and various water fasting protocols to eventually settling on my current lifestyle of: 1)Taking stairs daily 2)Intermittent fasting of 16 hours daily/ 3-4 Day water fasts Quarterly3)Mineral consumption daily using Fulvic Acid, Icelandic Kelp, a powdered Electrolyte to regular water, Spring Water (Minerals are ESSENTIAL to hydration) 4)Daily Fruit consumption 5)Grass Fed, Grass finished Beef 6)Minimal Fried foods (I still LOVE French fries) 7)No seed oils (only Tallow, butter and/or avocado oil) 8)Cut back on white flour and grains (Minimal breads, pastry, pasta) 9)No soda 10)No dairy (Cow’s milk is for baby calfs)11)Minimal alcohol (Maybe Vodka or Tequila RARELY) 12)At lease 7 hours of sleep daily13)No watching CNN, MSNBC, NY TImes, Washington Post, NPR or ABC, NBC, CBS…………….

Florida's scheme essentially "creates" privity between property owners and vendors through the required notices. 

Their system is extremely discriminatory to the cheaper programs, systematically excluding those members from the real quality education, while the premium program is essentially ineffective.The program is extremely mediocre, to say the least.

and they are very likely to systematically monitor market rents on a monthly basis and adjust accordingly.The fundamental principle is that if you don't index rent for inflation every year you are essentially giving them a rent reduction.

It's also essential to stress-test assumptions, ensuring the deal can withstand tough scenarios.Using models or spreadsheets streamlines the process, but mastering underwriting takes time and experience, evolving with market changes.In short, underwriting involves dissecting financials, considering market trends, and stress-testing assumptions.

A contract is legally binding when it has the following elements:1.Consideration - An exchange of value between the parties.

Building strong relationships with brokers was essential, as it provided access to valuable deals.

The three tests outlined above are applied annually, so you may qualify as a real estate professional in one year and not in other tax years.It is also very important to document material participation.To meet the requirements of real estate professional status, it’s essential to keep detailed records of activities and time spent working on the properties so you can verify your real estate professional status in the event the IRS decides to audit your return.For example, you may keep a contemporaneous appointment book, calendar, or narrative summary of the time spent performing real estate activities.