Remember that principal payment is not a cost, but you eventually include depreciation.

Eventually it all comes back, its a matter if you want to pay the bank or pay yourself- both hurt in their own ways but we bet on ourselves every time.I can say a great way is to share your specific property when you are ready and there are a lot of great advice on what a good property can do.In any case, good luck, hopefully you execute a plan!

I join with the hopes to gain knowledge and to eventually, make my first real estate purchase.

I'm wondering if they'll eventually just streamline the reviews between the two sites instead of two different ratings. 

Its a long game and if done with precision eventually you will have vast financial freedom.

Also, might have more people who will want to fix up the property and eventually want to buy.

It can take a long time to get paid but she will eventually get the money because the govt will withhold tax refunds, and even social security. 

We eventually sold this Arizona house 11 years later and made a lot of money, but in retrospect we should have kept it.

@Amy FirminAmy, If you are bringing your kids in to teach them the business, letting them know that trying to cut costs by saving on legal fees is definitely not the best advice.A partnership template may technically cover the needs of the parties at its inception but may not be sufficient to cover the eventualities that can arise in real time.If you do find that template, spending a few bucks to have an experienced eyeballs on it to button it up seems like a good idea.

I'm 37, and hoping to get into these houses for long term equity gains and eventual cash flow on new purchases.